Addition u/s 68 in the hands of co-operative bank - Society/Bank ...

Section 68: Incomplete customer addresses don't justify additions to cooperative bank records; no obligation for detailed verification.

September 27, 2012

Case Laws Income Tax AT

Addition u/s 68 in the hands of co-operative bank - Society/Bank not required to go for detailed verification of address/whereabouts of the customers and therefore, addition u/s 68 cannot be made merely because the address of the customers are incomplete. - AT

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Addition u/s 68 in the hands of co-operative bank - Society/Bank ...

Section 68: Incomplete customer addresses don't justify additions to cooperative bank records; no obligation for detailed verification.

September 27, 2012

Case Laws Income Tax AT

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