Addition u/s 68 as received from undisclosed sources - Merely on ...

Section 68: Cash Declared as Business Income Cannot Be Treated as Undisclosed Income Based on Assumptions.

September 14, 2018

Case Laws Income Tax AT

Addition u/s 68 as received from undisclosed sources - Merely on surmises and conjunctures no addition can be made u/s 68 of the Act, when assessee himself is declaring the monies received in cash as its Business Income.

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Addition u/s 68 as received from undisclosed sources - Merely on ...

Section 68: Cash Declared as Business Income Cannot Be Treated as Undisclosed Income Based on Assumptions.

September 14, 2018

Case Laws Income Tax AT

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