Addition applying the provisions of Section 41(1) and Section 68 ...
Sections 41(1) & 68 Additions Confirmed: Assessee's Lack of Cross-Examination Request Leads to Creditor Statements Acceptance.
December 8, 2018
Case Laws Income Tax HC
Addition applying the provisions of Section 41(1) and Section 68 - the statement of the creditors were accepted, after granting substantial opportunity to the assessee, wherein the assessee has not made any request to cross-examine the witnesses - additions confirmed.
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