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Income Tax - Highlights / Catch Notes

Home Highlights September 2023 Year 2023 This

Assessment u/s 153A pursuant to search - Addition based on loose ...


Court Confirms Additions in Section 153A Assessment Despite Assessee's Challenge on Ambiguous Loose Papers Evidence.

September 23, 2023

Case Laws     Income Tax     AT

Assessment u/s 153A pursuant to search - Addition based on loose paper - Assessee stated loose papers does not carry any name and it also not clear whether the amount if received or paid, the totaling also not proper - Various grounds raised by the assessee (legal heir) rejected - Additions confirmed - AT

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