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Income Tax - Highlights / Catch Notes

Home Highlights November 2020 Year 2020 This

Assessment u/s. 153A - income earned from undisclosed sources - ...

Income Tax

November 3, 2020

Assessment u/s. 153A - income earned from undisclosed sources - unexplained investment u/s. 69 - AO has not referred to any incriminating material found during the course of search in the assessment order. Nothing is found contrary to the stated position of the assessee, therefore, the assessment framed u/s. 153A of the Act is not sustainable - AT

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