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Income Tax - Highlights / Catch Notes

Home Highlights August 2015 Year 2015 This

Unaccounted investment - CIT(A) has given a categorical finding ...


Taxpayer's Income Increased: No Evidence of Wife's Funded Investment, Says Commissioner of Income Tax (Appeals).

August 24, 2015

Case Laws     Income Tax     AT

Unaccounted investment - CIT(A) has given a categorical finding that the assessee has brought no evidence on record to show that investment was indeed made by his wife out of her funds because no funds are available with wife of the assessee. - additions confirmed - AT

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