Addition on account of capital contributed by one of the partner ...
Addition to Partner's Capital u/s 69: Assessing Officer's Role in Unsatisfactory Explanation of Contribution Source.
April 1, 2020
Case Laws Income Tax AT
Addition on account of capital contributed by one of the partner u/s 69 - if at all the A.O. was not satisfied from the explanation / source of the Partner, then the additions could have been made in the individual hands of the Partner if it was permissible under section 69 of the Act.
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