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Income Tax - Highlights / Catch Notes

Home Highlights July 2021 Year 2021 This

Substantive protective additions - CIT(A) has already placed ...


CIT(A) Rules Admissions During Searches Invalid Without Evidence, Deletes Additions Based on CBDT Circulars.

July 1, 2021

Case Laws     Income Tax     AT

Substantive protective additions - CIT(A) has already placed reliance on the CBDT circulars that such admissions or confessions; as the case may be, made during the course of a search or survey does not carry any evidentiary value since it has to be only to the evidence collected only. We thus find no reason to interfere with the learned CIT(A)’s impugned conclusion deleting “substantive” and “protective” additions in issue - AT

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