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Income Tax - Highlights / Catch Notes

Home Highlights August 2016 Year 2016 This

Addition relating to trade creditors - additions u/s 68 - in ...

Income Tax

August 29, 2016

Addition relating to trade creditors - additions u/s 68 - in view of the categorical finding that the loan amounts were not reflected in the returns of the 37 persons in question, we do not see how the High Court could have taken the above view and remanded the matter to the AO - SC

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  5. Addition u/s 69C - CIT(A) deleted the addition - in order to invoke the provisions of sec. 69C, should give a categorical finding that the assessee has incurred any...

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