Addition for gross amount of ‘On-Money’ received - Undoubtedly ...

Income Tax Ruling: "On-Money" Additions Limited to 25% Due to Unaccounted Expenses in Tax Cases.

March 13, 2019

Case Laws Income Tax AT

Addition for gross amount of ‘On-Money’ received - Undoubtedly against unaccounted ‘On- Money’ there is also an element of unaccounted expenditure which cannot be brushed aside - addition should be sustained, only to the extent of 25% of the alleged ‘On-Money’.

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Addition for gross amount of ‘On-Money’ received - Undoubtedly ...

Income Tax Ruling: "On-Money" Additions Limited to 25% Due to Unaccounted Expenses in Tax Cases.

March 13, 2019

Case Laws Income Tax AT

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