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Income Tax - Highlights / Catch Notes

Home Highlights March 2018 Year 2018 This

Cash credit - Additions u/s 68 instead of u/s 69 - Mentioning of ...

Income Tax

March 28, 2018

Cash credit - Additions u/s 68 instead of u/s 69 - Mentioning of wrong Section in the orders of the authorities below would not be fatal to the case of Revenue. May be technically Section 68 is not applicable in the case of the assessee, but, assessee failed to explain source of the cash deposit in her bank account - additions confirmed - AT

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