Addition under section 68 of the Act - set off of addition - ...

Debate Over Creditor Balances: Should They Be Income u/s 41 or Unexplained Cash Credits u/s 68?

July 17, 2012

Case Laws Income Tax AT

Addition under section 68 of the Act - set off of addition - lower authorities should have considered these balances in creditors accounts as income under section 41 and not as unexplained cash credits under section 68 - AT

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Addition under section 68 of the Act - set off of addition - ...

Debate Over Creditor Balances: Should They Be Income u/s 41 or Unexplained Cash Credits u/s 68?

July 17, 2012

Case Laws Income Tax AT

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