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Income Tax - Highlights / Catch Notes

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Assessment of trust - addition as made by the AO by doubting the ...


Trust's Free Medicine Expenses Questioned; Use of Undisclosed Evidence Breaches Natural Justice Principles, Says AO.

October 28, 2022

Case Laws     Income Tax     AT

Assessment of trust - addition as made by the AO by doubting the genuineness of the expenditure incurred on free distribution of medicines to patients and other social organizations - The statements/material cannot be used on the back of the assessee and if done so it is against the principles of natural justice - AT

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