Power of AO to determine income in remand case - ITAT direction ...

Income Tax

August 12, 2019

Power of AO to determine income in remand case - ITAT direction to addition based on peak credit - It is trite law that the AO has a legal obligation to implement the order of the ITAT strictly and such failure would result in the failure of justice and it is ex-facie apparent that no peak credit of the bank account has been worked out by the AO - the order of AO stands quashed

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Power of AO to determine income in remand case - ITAT direction ...

Income Tax

August 12, 2019

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