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Income Tax - Highlights / Catch Notes

Home Highlights March 2020 Year 2020 This

Assessment u/s 153C - unexplained sale consideration - Addition ...


Court Rules No Addition u/s 153C Due to Lack of Assessee's Name in Seized Documents.

March 12, 2020

Case Laws     Income Tax     AT

Assessment u/s 153C - unexplained sale consideration - Addition based on some computer generated loose sheets which was seized and found from the computer of another person - in the case of the assessee whose name is not even was mentioned in the seized documents, no addition can be made. - AT

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