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Income Tax - Highlights / Catch Notes

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

Case Laws     Income Tax

December 9, 2022

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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