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Income Tax - Highlights / Catch Notes

Home Highlights April 2013 Year 2013 This

Deficit in the yield at 9.1% to 9.5% - AO could not have made ...


High Court Rules Against Additions Based on Estimated Yield Deficits Without Identifying Book Discrepancies, AO Needs Concrete Evidence.

April 2, 2013

Case Laws     Income Tax     HC

Deficit in the yield at 9.1% to 9.5% - AO could not have made additions on the basis of estimates without rejecting book results or without finding out any fault with the books of account. - HC

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