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Income Tax - Highlights / Catch Notes

Home Highlights December 2018 Year 2018 This

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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