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Income Tax - Highlights / Catch Notes

Home Highlights July 2019 Year 2019 This

Understated/suppressed production - assessee had supplied all ...


Assessing Officer Finds No Defects in Assessee's Records; No Additional Tax Assessment Required for Production.

July 24, 2019

Case Laws     Income Tax     AT

Understated/suppressed production - assessee had supplied all the relevant details to the lower authorities such as register which are subject to regular check and subject to audit, Raw material Register, production register and audited books of account with tax audit report - since there was no specific defect was found by the AO, no addition is called for

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