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Income Tax - Highlights / Catch Notes

Home Highlights January 2020 Year 2020 This

Unexplained cash credit - Addition u/s 68 - The several ...

Case Laws     Income Tax

January 21, 2020

Unexplained cash credit - Addition u/s 68 - The several opportunities given to the assessee to persuade him to reveal the sources of income have already been mentioned in the order passed by the AO. The assessee therefore cannot have any complaint against the Department when he was not furnishing all the details as sought by the Department though he agreed to do so in the statement given by him to the Department

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