Assessment u/s 153A - Addition for the pay-in from NBOT - AO was ...

Case Laws Income Tax

July 13, 2021

Assessment u/s 153A - Addition for the pay-in from NBOT - AO was not justified as he cannot pick and choose the figures at his/her pleasure. Once it was decided to make the addition on the basis of gross transactions with NBOT then Ld. Assessing Officer was bound to consider both the figures of pay-in and pay-out. - AT

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Assessment u/s 153A - Addition for the pay-in from NBOT - AO was ...

Case Laws Income Tax

July 13, 2021

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