Block assessment - Block period - Addition on account ...

Income Tax

August 23, 2013

Block assessment - Block period - Addition on account undisclosed investment based on diary of the assessee - The money so advanced will tantamount to be the investment made by the assessee which can be added only under section 69 in the year in which the advance has been made if it is undisclosed income of the assessee as defined u/s 158B(b). - No addition - HC

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Block assessment - Block period - Addition on account ...

Income Tax

August 23, 2013

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