TMI BlogAssessment u/s 153C - Unexplained cash receipt u/s 69A - The onus was on revenue to prove with...Assessment u/s 153C - Unexplained cash receipt u/s 69A - The onus was on revenue to prove with corroborative evidence that the entries in the seized dairy actually represented the sales made by the assessee. Mere entries in the seized material was not sufficient to prove that the assessee has indulged in such a transaction - additions based on mere presumptions and assumptions and without any corroborative evidence could not be sustained. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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