Addition u/s. 69A in the light of cash seized - application of ...

Section 69A Cash Seizure and Higher Tax Rate u/s 115BBE Clarified; Consistent Income Assessment Ensured.

December 1, 2023

Case Laws Income Tax AT

Addition u/s. 69A in the light of cash seized - application of higher rate of tax u/s 115BBE - Once the AO has accepted the returned income calculated on the basis of total turnover for the year, the same turnover cannot be treated as unexplained money u/s. 69A . - AT

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Addition u/s. 69A in the light of cash seized - application of ...

Section 69A Cash Seizure and Higher Tax Rate u/s 115BBE Clarified; Consistent Income Assessment Ensured.

December 1, 2023

Case Laws Income Tax AT

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