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Income Tax - Highlights / Catch Notes

Home Highlights July 2012 Year 2012 This

AO added income belonged to assessee’s wife treated as income in ...


Tribunal Criticized for Upholding Income Attribution to Assessee Based on Suspicions, Contrary to Evidence.

July 23, 2012

Case Laws     Income Tax     HC

AO added income belonged to assessee’s wife treated as income in the hands of the assessee - ITAT uphold the view of AO - Tribunal has indulged in suspicions, conjectures and surmises and acted contrary to the evidence which position is judicially unsustainable - HC

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