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Addition u/s.69C - unexplained expenditure - Admittedly, in the ...


Assessing Officer Cannot Add Unexplained Expenditure u/s 69C in Later Proceedings if Initially Omitted.

January 11, 2020

Case Laws     Income Tax     AT

Addition u/s.69C - unexplained expenditure - Admittedly, in the first round of proceedings, there was no addition made u/s. 69C by the revenue. AO could not have made any addition u/s. 69C in the second round of proceedings.

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