TMI BlogUnexplained investment - Tax value of certain assets received by it free of cost under Section 28(iv) -...Unexplained investment - Tax value of certain assets received by it free of cost under Section 28(iv) - Therefore, the addition u/s. 69 of the Act cannot be sustained. - The entire value of assets has to be regarded as an addition made u/s. 28(1)(iv) of the Act, as was done by the AO - However the same would be eligible for deduction u/s 10A ..... X X X X Extracts X X X X X X X X Extracts X X X X
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