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Income Tax - Highlights / Catch Notes

Home Highlights September 2019 Year 2019 This

Undisclosed income - extra amount subject to verification - ...


Taxpayer's Undisclosed Income Adjusted After Verification; CIT(A) Removes Additional Amount Due to Incomplete Records.

September 11, 2019

Case Laws     Income Tax     AT

Undisclosed income - extra amount subject to verification - Assessee in his search statement clearly stated that investment mentioned in Col B of the seized excel sheet is subject to verification from books of account and it may be more or at lesser figure - CIT(A) has rightly deleted the addition of extra amount - AT

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