Unexplained money - amount received from his father-in-law - If ...

High Court Rules CIT(A) Cannot Sustain Additions Without Proper Inquiry into Unexplained Money from Father-in-Law.

December 9, 2022

Case Laws Income Tax HC

Unexplained money - amount received from his father-in-law - If the CIT(A) was not satisfied with the source, he could have enquired into the matter by issuing notice to the legal representatives of the assessee's father-in-law. Admittedly, no such enquiry was conducted. Therefore, additions could not have been sustained by the CIT(A) based on surmises and incorrect application of law- HC

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Unexplained money - amount received from his father-in-law - If ...

High Court Rules CIT(A) Cannot Sustain Additions Without Proper Inquiry into Unexplained Money from Father-in-Law.

December 9, 2022

Case Laws Income Tax HC

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