Once it has been held as deemed income of the assessee or an ...

Section 68 Deemed Income Not a Loan; Section 269-SS Inapplicable, No Penalty Under 271D.

September 3, 2016

Case Laws Income Tax HC

Once it has been held as deemed income of the assessee or an addition u/s.68, has been made the character of the said amount/addition will not remain as a loan or deposit and section 269-SS will not be applicable - No penalty u/s 271D - HC

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Once it has been held as deemed income of the assessee or an ...

Section 68 Deemed Income Not a Loan; Section 269-SS Inapplicable, No Penalty Under 271D.

September 3, 2016

Case Laws Income Tax HC

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