Addition of unexplained expenditure u/s 69C - It is not ...

High Court scrutinizes unexplained expenditure u/s 69C after irregular export turnover patterns raise legitimacy concerns.

February 1, 2017

Case Laws Income Tax HC

Addition of unexplained expenditure u/s 69C - It is not understood as to how there was such a huge export turnover in one year. That too in the first year of business and then there was substantial fall in the next year and subsequently there was no business of export in any of the years. This shows that this is not the regular business of the assessee. - HC

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Addition of unexplained expenditure u/s 69C - It is not ...

High Court scrutinizes unexplained expenditure u/s 69C after irregular export turnover patterns raise legitimacy concerns.

February 1, 2017

Case Laws Income Tax HC

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