Addition u/s. 68 - proof of creditworthiness or genuineness - ...

Section 68 of Income Tax Act: Proof of Creditworthiness and Genuineness Required Beyond Account Payee Cheque for Validation.

May 20, 2017

Case Laws Income Tax AT

Addition u/s. 68 - proof of creditworthiness or genuineness - Mere payment by account payee cheque is not sacrosanct nor can it make a non-genuine transaction genuine - accounts were used only for the purpose of providing accommodation entries - additions confirmed - AT

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Addition u/s. 68 - proof of creditworthiness or genuineness - ...

Section 68 of Income Tax Act: Proof of Creditworthiness and Genuineness Required Beyond Account Payee Cheque for Validation.

May 20, 2017

Case Laws Income Tax AT

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