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Income Tax - Highlights / Catch Notes

Home Highlights September 2015 Year 2015 This

Addition on account of accommodation entries received - AO had ...


Taxpayer Unfairly Burdened with Proof of Accommodation Entries, AO Provides No Evidence of Undisclosed Income.

September 16, 2015

Case Laws     Income Tax     AT

Addition on account of accommodation entries received - AO had shifted entire burden upon the assessee and no material was brought by him to prove his allegation that impugned amount actually represent undisclosed income of the assessee. - AT

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