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Income Tax - Highlights / Catch Notes

Home Highlights July 2019 Year 2019 This

Addition u/s 69A - unexplained money - sum received on sale of ...

Income Tax

July 9, 2019

Addition u/s 69A - unexplained money - sum received on sale of land co-owned - sale through conveyance deed - year of assessment - it was factually incorrect on the part of the CIT(A) to conclude that the assessee did not offer any reason for holding the cheque and not deposited the same for a long period of time and such conclusion deserves to be quashed. No merit for the addition u/s.69A

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