Addition u/s 68 - treatment of bank passbook as a 'books of ...

Bank Account Not Considered 'Books of Account' u/s 68; Cash Deposits Can't Be Added as Income.

August 21, 2019

Case Laws Income Tax AT

Addition u/s 68 - treatment of bank passbook as a 'books of account' - the bank account or bank passbook of an assessee cannot be held as the latters 'books of account', hence no addition in respect of a cash deposit made in the said account could be validly made u/s 68

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Addition u/s 68 - treatment of bank passbook as a 'books of ...

Bank Account Not Considered 'Books of Account' u/s 68; Cash Deposits Can't Be Added as Income.

August 21, 2019

Case Laws Income Tax AT

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