Addition on the account of errors and omissions - assessee ...
Assessee's Additional Income Justified by Evidence Found in Survey, AO's Addition Upheld Despite Objections.
December 15, 2020
Case Laws Income Tax AT
Addition on the account of errors and omissions - assessee declared additional income on the basis of notings made on loose papers during the survey action - there was evidence against the assessee in earning the said additional income and the arguments of that without there being any adverse material the addition made by the AO is invalid, in our view is not acceptable. - AT
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