Additions merely on the basis of statement - It seems that ...

Income Tax Assessments Require Corroborative Evidence, Not Just Presumptions, for Valid Additions.

December 30, 2015

Case Laws Income Tax AT

Additions merely on the basis of statement - It seems that addition has been made merely on the basis of statement/presumptive basis and no corroborative material has been brought on record. Presumption cannot take the shape of evidence, however, strong it may be - AT

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Additions merely on the basis of statement - It seems that ...

Income Tax Assessments Require Corroborative Evidence, Not Just Presumptions, for Valid Additions.

December 30, 2015

Case Laws Income Tax AT

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