Addition u/s 68 - Each one of them has confirmed the MCX ...

Assessee Proves Genuine Transactions u/s 68, Aligning with Court Decisions by Submitting Detailed Customer Accounts.

June 12, 2021

Case Laws Income Tax AT

Addition u/s 68 - Each one of them has confirmed the MCX transaction and the confirmation account of each individual customers, transaction by transaction was submitted before the Assessing Officer. Thus, the assessee has established the three limbs of genuineness, creditworthiness and identity of the transactions as contemplated by various decisions of the High Court and Supreme Court envisaged u/s 68. - AT

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Addition u/s 68 - Each one of them has confirmed the MCX ...

Assessee Proves Genuine Transactions u/s 68, Aligning with Court Decisions by Submitting Detailed Customer Accounts.

June 12, 2021

Case Laws Income Tax AT

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