Admission of income pursuant to survey operation u/s 133A - If ...

Assessing Officer Fails to Provide Evidence for Income Additions Post-Section 133A Survey; No Income Added.

June 18, 2022

Case Laws Income Tax AT

Admission of income pursuant to survey operation u/s 133A - If the assessee did not adhere to the surrender made during the survey, it was for the AO to bring on record cogent material or other evidence to support the additions rather than rely on the statements simpliciter. We do not find any cogent material or other evidence brought in by AO to support the admissions made during survey. - No additions - AT

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Admission of income pursuant to survey operation u/s 133A - If ...

Assessing Officer Fails to Provide Evidence for Income Additions Post-Section 133A Survey; No Income Added.

June 18, 2022

Case Laws Income Tax AT

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