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Income Tax - Highlights / Catch Notes

Home Highlights March 2019 Year 2019 This

Unexplained expenditure - alleged excess payments to landlords - ...


Court Dismisses Allegations of Excess Landlord Payments Due to Lack of Evidence; Income Additions Require Concrete Proof.

March 14, 2019

Case Laws     Income Tax     AT

Unexplained expenditure - alleged excess payments to landlords - Department has not found anything to show that the landlords actually received the payments - The additions can be made only based on actual evidence and not based on presumptions - In the absence of any evidence, addition was deleted.

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