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Income Tax - Highlights / Catch Notes

Home Highlights October 2018 Year 2018 This

Re-alignment of head of income - routine adjustments in the ...


Income Classification Changes Without Incriminating Evidence Are Unsustainable u/s 153A Proceedings.

October 10, 2018

Case Laws     Income Tax     AT

Re-alignment of head of income - routine adjustments in the nature of change of head of income of reported income without any nexus to incriminating material found, if any, as a result of search operations are not sustainable in the eyes of law in Section 153A proceedings

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