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Income Tax - Highlights / Catch Notes

Home Highlights August 2015 Year 2015 This

Addition u/s 68 - the complete list of donors was not filed or ...

Income Tax

August 24, 2015

Addition u/s 68 - the complete list of donors was not filed or that the donors were not produced, does not necessarily lead to the inference that the assessee was trying to introduce unaccounted money by way of donation receipts - AT

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  10. Addition u/s 68 - The CIT(A) has observed that the transactions was part of the turnover/sale, whereas the addition has been made under Section 68 of the Act without...

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