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Income Tax - Highlights / Catch Notes

Home Highlights October 2018 Year 2018 This

Addition u/s 69A - source of cash deposits - Before the AO the ...


Appellant's Inconsistent Financial Disclosures Lead to Additions u/s 69A for Unexplained Cash Deposits.

October 27, 2018

Case Laws     Income Tax     HC

Addition u/s 69A - source of cash deposits - Before the AO the stand taken was that the appellant was not maintaining books of account, on the other hand with the VAT return, the appellant had filed Trading and Profit & Loss Account and the balance sheet. - Additions confirmed.

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