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Income Tax - Highlights / Catch Notes

Home Highlights May 2023 Year 2023 This

Addition u/s 68 - Additions based on the information received ...

Income Tax

May 26, 2023

Addition u/s 68 - Additions based on the information received from ITO having different Jurisdiction - The Information is just an information for setting the machinery into motion, it cannot be treated as a gospel truth. The issue has to be examined, therefore, AO is directed to look into all these aspects afresh and read judicate the issue after providing due opportunity of hearing to the assessee - AT

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