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Income Tax - Highlights / Catch Notes

Home Highlights March 2015 Year 2015 This

Unaccounted cash deposits in Bank on various dates - addition ...


CIT(A) removes Section 68 addition for unaccounted cash deposits; no basis for protective addition against assessee.

March 13, 2015

Case Laws     Income Tax     AT

Unaccounted cash deposits in Bank on various dates - addition u/s 68 deleted by CIT(A) - as the rest of substantive addition has been deleted, then there is no ground to uphold the protective addition in the hands of present assessee - AT

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