Reopening of assessment u/s 147 - Addition u/s 69/69C - ...

Tax Reassessment u/s 147: Burden on Revenue to Prove Unexplained Expenditure for Medical College Admission.

June 26, 2020

Case Laws Income Tax AT

Reopening of assessment u/s 147 - Addition u/s 69/69C - Unexplained expenditure - assessee has paid fees/capitation fee and donation to a Medical College for admission of his daughter in MBBS Stream - Since the Revenue alleged that the amount in question is paid by assessee for admission of her daughter to the Medical Course, therefore, burden is very heavy upon Revenue to prove by positive evidence

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Reopening of assessment u/s 147 - Addition u/s 69/69C - ...

Tax Reassessment u/s 147: Burden on Revenue to Prove Unexplained Expenditure for Medical College Admission.

June 26, 2020

Case Laws Income Tax AT

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