Addition u/s 68 - depositor is one of the directors of the ...
Case Laws Income Tax
February 18, 2023
Addition u/s 68 - depositor is one of the directors of the company - To discharge the burden which Section 68 casts upon the assessee, at least some plausible explanation is required to be furnished, which must be backed by some reliable evidence. - the assessee has not discharged the burden which was cast u/s 68 - AT
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