Additions u/s 68 - Cash deposits in the bank account - since ...

Section 68: Cash Deposits and Withdrawals Lead to Acceptance of Peak Credit Argument Without Further Verification.

March 17, 2017

Case Laws Income Tax AT

Additions u/s 68 - Cash deposits in the bank account - since there are deposits and withdrawals during the year, the contention of peak credit can be accepted as there are no other investments or expenditures which are subjected to verification by the AO. - AT

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Additions u/s 68 - Cash deposits in the bank account - since ...

Section 68: Cash Deposits and Withdrawals Lead to Acceptance of Peak Credit Argument Without Further Verification.

March 17, 2017

Case Laws Income Tax AT

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