Addition u/s 68 - The loan was also repaid back before the ...

Loan Repayment Before Assessment: Non-Compliance with Summons Not Enough for Addition u/s 68 of Income Tax Act.

October 25, 2016

Case Laws Income Tax AT

Addition u/s 68 - The loan was also repaid back before the initiation of assessment proceedings - Mere non compliance of summon cannot be the basis to make addition. - AT

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Addition u/s 68 - The loan was also repaid back before the ...

Loan Repayment Before Assessment: Non-Compliance with Summons Not Enough for Addition u/s 68 of Income Tax Act.

October 25, 2016

Case Laws Income Tax AT

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