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Income Tax - Highlights / Catch Notes

Home Highlights September 2016 Year 2016 This

Addition u/s 69 - sale of shares - Since the assessee has ...

Income Tax

September 20, 2016

Addition u/s 69 - sale of shares - Since the assessee has credited the amount of sale in its books of account which may represent the allegedly bogus sales consideration floated from entity which is floated by the said group, the case may fall within the parameters of Section 68 also - AT

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  10. Unexplained cash deposits - Deposits in regular bank account of the assessee, during demonetization period - the assessee was maintaining complete stock tally, the sales...

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