Additions of Bank deposits made u/s 68 - Once it is held that ...

Bank Deposits as Sales Collections Shift Focus to Profit Estimation; Section 44AF Provisions Not Applicable.

December 28, 2015

Case Laws Income Tax AT

Additions of Bank deposits made u/s 68 - Once it is held that the impugned deposits may represent sales collection, then the question of estimation of profit would arise. - the provisions of sec. 44AF shall not have application in the facts and circumstances of the case. - AT

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Additions of Bank deposits made u/s 68 - Once it is held that ...

Bank Deposits as Sales Collections Shift Focus to Profit Estimation; Section 44AF Provisions Not Applicable.

December 28, 2015

Case Laws Income Tax AT

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