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Income Tax - Highlights / Catch Notes

Home Highlights March 2018 Year 2018 This

Addition u/s 69 - excess weight of gold ornaments as undisclosed ...


Section 69 Income Tax Act: Excess Gold Weight as Undisclosed Investment Challenged Due to Lack of Evidentiary Value in Survey Statement.

March 26, 2018

Case Laws     Income Tax     AT

Addition u/s 69 - excess weight of gold ornaments as undisclosed investment - there is much force in the argument of the counsel for the appellant that the statement, elicited during the survey operation has no evidentiary value. - AT

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