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Income Tax - Highlights / Catch Notes

Home Highlights August 2013 Year 2013 This

Surrender of Sale (income) - whether unaccounted sundry debtors ...

Income Tax

August 24, 2013

Surrender of Sale (income) - whether unaccounted sundry debtors are part of surrendered sale - Held yes - Assessing Officer was not justified in splitting this particular asset on the basis of seized material - AT

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  11. Penalty u/s 271AAA - The surrendered amount was declared in the return of income u/s 153A as misc. income. AO accepted this surrendered amount as misc. income as...

  12. Surrendered income - Surrender by the son of the assessee during the course of survey - the delay in retraction by the assessee as pointed out by the Ld. AO cannot be of...

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  15. Surrender of Income during Survey u/s 133A - Surrender is voluntary or under influence of revenue (coercion) - The retraction is supported by evidence confronted to the...

 

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