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Income Tax - Highlights / Catch Notes

Home Highlights July 2021 Year 2021 This

Addition of cash salary u/s 69C - Assessee argued that proposed ...

Case Laws     Income Tax

July 23, 2021

Addition of cash salary u/s 69C - Assessee argued that proposed cash was also found during the course of first search and therefore, cannot be put to use for making assessment consequent to the second search and even otherwise, according to the appellant, the document is dumb as it clearly states that the salary was only proposed and never paid - this expenditure cannot be added as income from undisclosed sources and therefore, no addition can be made. - AT

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