Addition made on the alleged entries in the seized material - AO ...

Court Deletes Unexplained Income Additions Due to Lack of Verification by Assessing Officer Under Tax Law.

June 6, 2023

Case Laws Income Tax AT

Addition made on the alleged entries in the seized material - AO simply added the amounts appearing in the diary as unexplained income of the assessee.AO also did not verify the contention of the assessee that these loose sheets did not pertain to the assessee or it is rough work for the site purposes - Additions deleted - AT

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Addition made on the alleged entries in the seized material - AO ...

Court Deletes Unexplained Income Additions Due to Lack of Verification by Assessing Officer Under Tax Law.

June 6, 2023

Case Laws Income Tax AT

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