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Income Tax - Highlights / Catch Notes

Home Highlights December 2018 Year 2018 This

Reopening of assessment - addition made u/s 68 - non production ...


Reopening Assessment u/s 68 Not Justified by Directors' Absence; No Automatic Validity for Additions.

December 27, 2018

Case Laws     Income Tax     AT

Reopening of assessment - addition made u/s 68 - non production of directors in person of share holder companies - mere reason of non production of directors in person of share holder companies same cannot be a justified ground to draw adverse inference u/s 68

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