Unexplained cash credit – credit worthiness of donor – ...

Court Rules in Favor of Revenue: Assessee Fails to Prove Donor's Creditworthiness for Unexplained Cash Credit.

July 3, 2012

Case Laws Income Tax AT

Unexplained cash credit – credit worthiness of donor – Assesseefailed to establish relationship with so-called donor and also failed to establish the occasion for receiving such gift - In favor of Revenue. - AT

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Unexplained cash credit – credit worthiness of donor – ...

Court Rules in Favor of Revenue: Assessee Fails to Prove Donor's Creditworthiness for Unexplained Cash Credit.

July 3, 2012

Case Laws Income Tax AT

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