Cash seized in search - Protective versus substantive addition - ...

Case Laws Income Tax

July 8, 2020

Cash seized in search - Protective versus substantive addition - seized cash belongs to the company will not become income of the assessee merely for the reason the said company claimed the deduction u/s 80IA(4) of the Act. This reasoning given by the Assessing Officer is dismissed.

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Cash seized in search - Protective versus substantive addition - ...

Case Laws Income Tax

July 8, 2020

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