Proceedings u/s 153A - addition of Unexplained cash credit U/s ...

Case Laws Income Tax

June 21, 2019

Proceedings u/s 153A - addition of Unexplained cash credit U/s 68 - if there is no incriminating material to reassess the income of the assessee then the AO legally cannot make the addition based on the information and evidence received from the Inv.Wing - it is open to the AO to initiate the proceeding U/s 147/148 instead of making the addition in the proceeding U/s 153A

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Proceedings u/s 153A - addition of Unexplained cash credit U/s ...

Case Laws Income Tax

June 21, 2019

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