Voluntary admission u/s.132(4) - under invoicing of sales and ...

Court Dismisses Revenue Appeals: Unsupported Additions Based on Section 132(4) Statements Overruled in Acid Slurry Case.

January 19, 2021

Case Laws Income Tax AT

Voluntary admission u/s.132(4) - under invoicing of sales and unaccounted purchase of acid slurry - additions made on the basis of statement u/s 132(4) without having corroborating evidence is unsustainable and accordingly we uphold the order of the Ld.CIT(A) and dismiss the appeals of the revenue on this issue. - AT

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Voluntary admission u/s.132(4) - under invoicing of sales and ...

Court Dismisses Revenue Appeals: Unsupported Additions Based on Section 132(4) Statements Overruled in Acid Slurry Case.

January 19, 2021

Case Laws Income Tax AT

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