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Income Tax - Highlights / Catch Notes

Home Highlights December 2014 Year 2014 This

Addition of outstanding sundry creditors - when the amount was ...


Assessee fails to explain Rs. 5 lakh cash credit for 2010-11; amount offered but not repaid.

December 15, 2014

Case Laws     Income Tax     AT

Addition of outstanding sundry creditors - when the amount was not repaid and finally offered by the assessee for the AY 2010-11, the assessee has failed to explain the cash credit to the extent of ₹ 5,00,000 - AT

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