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Income Tax - Highlights / Catch Notes

Home Highlights November 2013 Year 2013 This

Assessment of Undisclosed income u/s 69A - It is a well settled ...


Income Tax Act Section 69A allows flexible evaluation of undisclosed income based on probabilities, not strict evidence rules.

November 4, 2013

Case Laws     Income Tax     AT

Assessment of Undisclosed income u/s 69A - It is a well settled proposition of law that the strict rule of evidence is not applicable to the income tax proceedings and the issues can be decided on the basis of preponderance of probabilities - AT

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