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Income Tax - Highlights / Catch Notes

Home Highlights February 2020 Year 2020 This

Unexplained investment u/s 69 - CIT(A) has rightly adopted this ...

Case Laws     Income Tax

February 14, 2020

Unexplained investment u/s 69 - CIT(A) has rightly adopted this view holding that provisions of section 50C were not applicable on the assessee being the purchaser of the property and also during the survey proceedings no documentary evidence was found which may prove that the assessee has made payment over and above the registered valuation of the property.

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