Addition u/s 69C - writing off the goodwill has not resulted in ...
Section 69C Misapplied: Writing Off Goodwill Didn't Siphon Funds; Only Applies to Unexplained Investment Sources.
May 9, 2016
Case Laws Income Tax AT
Addition u/s 69C - writing off the goodwill has not resulted in the siphoning of funds of the company - Further addition made u/s 69C is also not correct as section 69C can only be invoked only when the source of any investment was not explained - AT
View Source