AO treated the surplus as profit of assessee for the reason ...

Income Tax

August 3, 2015

AO treated the surplus as profit of assessee for the reason that, the land in question is stock-in trade and not investment. That being the case, CIT(A) is not justified to concluded that assessee has failed to produce any evidence with regard to payment made to various persons - No addition - AT

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AO treated the surplus as profit of assessee for the reason ...

Income Tax

August 3, 2015

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