Addition u/s 69B – investments not fully disclosed - Average ...

AO Cannot Use Section 69B for Additions Without Concrete Evidence, Mere Doubts or Speculations Insufficient.

July 14, 2014

Case Laws Income Tax AT

Addition u/s 69B – investments not fully disclosed - Average market value of land – AO could not have invoked the provisions of section 69B to fasten the addition on the assessee based on doubts/ conjectures and surmises - AT

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Addition u/s 69B – investments not fully disclosed - Average ...

AO Cannot Use Section 69B for Additions Without Concrete Evidence, Mere Doubts or Speculations Insufficient.

July 14, 2014

Case Laws Income Tax AT

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