Unaccounted cash receipt - Addition on the basis of scribbling ...

Case Laws Income Tax

November 18, 2020

Unaccounted cash receipt - Addition on the basis of scribbling pad found during the course of search - even though the employees statement were not retracted, the same cannot be considered as an evidence which can be used against the assessee when the Managing Director of the assessee company has retracted his statement along with sworn affidavit explaining the reasons. - AO directed to delete additions made towards undisclosed income on the basis of scribbling pad - AT

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Unaccounted cash receipt - Addition on the basis of scribbling ...

Case Laws Income Tax

November 18, 2020

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