Addition u/s 68 - assessee has failed to establish this fact ...

Income Tax

August 3, 2016

Addition u/s 68 - assessee has failed to establish this fact that he Diamonds sold in the present year are the same Diamonds which declared by the assessee in VDIS declaration 1997 - AT

View Source

← Previous Next →

Addition u/s 68 - assessee has failed to establish this fact ...

Income Tax

August 3, 2016

You may also like:

Addition u/s 68. - VDIS scheme - Retraction of statement - Assessee failed to discharge the onus - HC

Clandestine Removal - 997.09 carats of diamonds and 98.34 carats of diamonds - processing loss - whether allegation of substitution of diamonds was established through...

Addition under section 68 - whether the items sold were the same which were disclosed under VDIS? - Since the same quantity which was disclosed under VDIS was sold, we...

Revocation of certificates issued u/s 68(2) of VDIS - misrepresentation of Facts - since there is prohibition under VDIS, that when the amount so declared is already...

Addition of income declared by assessee under Voluntary Disclosure of Income Scheme, 1997 (VDIS, 1997’) - The Tribunal allowed the assessee's appeal and deleted the...

VDIS - identification of jewellery declared - Tribunal committed a serious error in arriving at a conclusion that items sold by the respective appellants were different...

Unexplained cash credit under section 68 - assessee has failed to establish the genuineness of the credits. - AT

Inclusion of value of Gold declared under VDIS scheme of Income Tax Act by the partner in the hands of Firm - decided against the revenue - HC

Addition u/s 68 on account of unsecured loans from directors - Assessee has failed to show creditworthiness of both the lenders. - additions confirmed.

Estimation of income - Bogus purchases of diamonds - There is evidence received by the Revenue that the entire purchases made by the assessee is bogus i.e., the assessee...

Quick Updates: