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Income Tax - Highlights / Catch Notes

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Addition restricted to parties mentioned in WhatsApp chat; ...


Addition limited to parties in WhatsApp chat. GP 8.60% on undisclosed sales Rs. 26,58,600 & Rs. 6,11,043. Partial relief on undisclosed sales.

Case Laws     Income Tax

July 26, 2024

Addition restricted to parties mentioned in WhatsApp chat; estimation of gross profit (GP) at 8.60% on undisclosed sales of Rs. 26,58,600 and Rs. 6,11,043 confirmed; partial relief granted to assessee regarding undisclosed sales addition based on evidence; Appellate Tribunal's decision followed principles of natural justice and legal precedents.

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