TMI BlogAddition u/s.69A r/w Sec. 115BBE - unexplained cash found during search - Locker was last operated on...Addition u/s.69A r/w Sec. 115BBE - unexplained cash found during search - Locker was last operated on 29.10.2015. The fact that the locker has not been operated in the assessment year 2017 -18 is before the revenue authorities. Hence, the amount deemed to have been undisclosed income for the assessment year 2016-17 whereas the amount has been brought to tax for the assessment year 2017 -18. Hence, the addition made in the AY 2017-18 cannot be upheld. - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
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