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Income Tax - Highlights / Catch Notes

Home Highlights December 2011 Year 2011 This

Income escaping assessment - as rightly pointed out by the ...


Appellant's Non-Disclosure of Agreement Raises Doubts on Transaction Authenticity, Suggests Potential Income Escaping Assessment.

December 17, 2011

Case Laws     Income Tax     HC

Income escaping assessment - as rightly pointed out by the Tribunal, the failure of the appellant in not having disclosed the agreement before the Assessing Officer really raises very many doubts as to the genuineness of the alleged transaction by way of transfer of division.... - HC

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