Assessment u/s 153A - Since the assessee company’s business has ...

Case Laws Income Tax

December 19, 2023

Assessment u/s 153A - Since the assessee company’s business has not commenced and that the construction of the building was done out of the capital invested by the shareholders and hence, there was no case of earning of any income, what to say of any income from undisclosed sources, therefore, the substantive addition in the hands of the assessee company was not justified. - AT

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Assessment u/s 153A - Since the assessee company’s business has ...

Case Laws Income Tax

December 19, 2023

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