Addition u/s 69A - In the statement recorded u/s. 131 assessee ...

Case Laws Income Tax

March 21, 2023

Addition u/s 69A - In the statement recorded u/s. 131 assessee stated that he has not filed his return of income and also stated that the money found in his possession belongs to him but could not give the details of the sources for the same - AO has rightly considered the issue of submission of books of accounts as an afterthought of the assessee and hence we do not find any reason to interfere in the decision - AT

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Addition u/s 69A - In the statement recorded u/s. 131 assessee ...

Case Laws Income Tax

March 21, 2023

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