Addition - Unexplained investment - Where an assessee is found ...

Income Tax

November 28, 2011

Addition - Unexplained investment - Where an assessee is found to be in possession of stocks which were not entered in the account books, the assessee has to explain the nature and source of the stocks and if that is not satisfactorily explained, the value of the stocks can always be treated as assessee's income .... - HC

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Addition - Unexplained investment - Where an assessee is found ...

Income Tax

November 28, 2011

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