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section 68 and 115BBE, Income Tax |
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section 68 and 115BBE |
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AO MADE ADDITIONS OF THE AMOUNT ALREADY SHOWN IN PROFIT AND LOSS ACCOUNT UNDER THE HEAD COMMISSION INCOME U/S 68 AND TAXED THIS INCOME U/S 115BBE HOLDING THAT ASSESSEE DO NOT CARRY OUT ANY BUSINESS AND ASSESSEE FAILED TO PRODUCE PERSONS FROM WHOM COMMISSION RECEIVED. DURING THE IMMIDIATLY PRECEEDING YEAR AO HELD THE SAME INCOME AS ASSESSEE'S BUSINESS INCOME. PLEASE ADVISE THE CASE LAWS IN SUPPORT OF ASSESSEE Posts / Replies Showing Replies 1 to 1 of 1 Records Page: 1
You may file appeal to the First Appellate Authority citing your own case. Page: 1 Old Query - New Comments are closed. |
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