Undisclosed professional receipt u/s 69A - Year of assessment - ...
Undisclosed Receipts u/s 69A: Taxpayer's Advance Payment Ensures Revenue Neutrality for 2020-21 Assessment Year.
August 3, 2019
Case Laws Income Tax AT
Undisclosed professional receipt u/s 69A - Year of assessment - Cash basis of accounting - Assessee has paid advance tax on the amount in question in AY 2020-21 and undertaken to declare the amount for taxation, Revenue is not going to lose anything. It is merely a tax neutral exercise.
View Source