Addition on account of sale of scrap out of books - unexplained ...

Unexplained Income from Scrap Sales: Consistent Unaccounted Cash Across Years Deemed as Income Outside the Books.

October 25, 2018

Case Laws Income Tax AT

Addition on account of sale of scrap out of books - unexplained sale - in all the years assessee has been generated unaccounted cash from the scrap sales outside books, then based on same ratio such unaccounted cash has to be treated as unexplained.

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Addition on account of sale of scrap out of books - unexplained ...

Unexplained Income from Scrap Sales: Consistent Unaccounted Cash Across Years Deemed as Income Outside the Books.

October 25, 2018

Case Laws Income Tax AT

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