Addition u/s 68 - unexplained cash credit - Assessee has ...

Case Laws Income Tax

June 27, 2020

Addition u/s 68 - unexplained cash credit - Assessee has discharged the primary onus to demonstrate fulfilment of primary ingredients of Sec.68 and it was incumbent upon revenue to dislodge the assessee’s claim by bringing on record, cogent material to establish that the assessee’s unaccounted money was routed in its books of account in the garb of unsecured loans

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Addition u/s 68 - unexplained cash credit - Assessee has ...

Case Laws Income Tax

June 27, 2020

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