Addition of income u/s 69A or Business income - surrender of ...

Income from Business Activities Not Taxed u/s 69A; Special Rate u/s 115BBE Improperly Applied.

September 21, 2023

Case Laws Income Tax AT

Addition of income u/s 69A or Business income - surrender of income during survey proceedings - when all the incomes earned by the assessee are only from the business income of the assessee, there do not arise any question as to application of provisions of section 69A and hence taxing such income at special rate as per section 115BBE is improper. - AT

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Addition of income u/s 69A or Business income - surrender of ...

Income from Business Activities Not Taxed u/s 69A; Special Rate u/s 115BBE Improperly Applied.

September 21, 2023

Case Laws Income Tax AT

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