Unexplained investment u/s 69 - The materials found in the ...

Survey Findings Alone Insufficient for Assessment Additions Under Unexplained Investment Section 69; Section 133A(3)(iii) Term "May" Not Definitive.

December 20, 2017

Case Laws Income Tax AT

Unexplained investment u/s 69 - The materials found in the course of survey could not be the basis for making any addition in the assessment. The word “may” used in section 133A(3)(iii) makes it clear that the material collected and statement recorded during the survey u/s 133A are not conclusive piece of evidences by itself. - AT

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Unexplained investment u/s 69 - The materials found in the ...

Survey Findings Alone Insufficient for Assessment Additions Under Unexplained Investment Section 69; Section 133A(3)(iii) Term "May" Not Definitive.

December 20, 2017

Case Laws Income Tax AT

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