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Income Tax - Highlights / Catch Notes

Home Highlights November 2023 Year 2023 This

Addition u/s 68 - unexplained credit - CIT(A) has granted relief ...


Appellate authority overturns tax relief; unexplained credit additions by Assessing Officer confirmed u/s 68.

November 12, 2023

Case Laws     Income Tax     AT

Addition u/s 68 - unexplained credit - CIT(A) has granted relief to the assessee without controverting and dislodging the basis and allegation of the AO - Order of CIT(A) reversed - Additions confirmed - AT

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