Addition u/s 69A - The undisputed fact is that cash was found ...

Cash Found in Bedroom Sparks Joint Possession Presumption; Stridhan Possibility Considered u/s 69A for Unexplained Money.

January 2, 2020

Case Laws Income Tax AT

Addition u/s 69A - The undisputed fact is that cash was found from the bedroom of the appellant and, therefore, it can be safely presumed that it was in joint possession of the assessee and his wife - The possession of cash as Stridhan cannot be ruled out in the light of the customs prevailing in the society.

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Addition u/s 69A - The undisputed fact is that cash was found ...

Cash Found in Bedroom Sparks Joint Possession Presumption; Stridhan Possibility Considered u/s 69A for Unexplained Money.

January 2, 2020

Case Laws Income Tax AT

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