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Income Tax - Highlights / Catch Notes

Home Highlights February 2019 Year 2019 This

Abnormal profit in SEZ unit - AO without any justification tried ...


Income Addition Rejected: Officer Fails to Justify Non-SEZ Business Classification Without Evidence of External Activities.

February 20, 2019

Case Laws     Income Tax     AT

Abnormal profit in SEZ unit - AO without any justification tried to make the addition considering the addition as income from non special economic zone business without bringing any evidence against the assessee as to how the assessee was doing business activities outside the SEZ area. - Additions deleted.

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