Addition u/s 68 - Cash credit surrendered - Income erroneously ...

Income Tax

February 5, 2021

Addition u/s 68 - Cash credit surrendered - Income erroneously offered by the assessee in current AY - The above said credits/ amount were not received during the financial year relevant to AY 2013-14. - the income erroneously offered by the assessee in AY 2013-14 cannot be assessed in that year, merely for the reason that the assessee has offered the same voluntarily. - AT

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Addition u/s 68 - Cash credit surrendered - Income erroneously ...

Income Tax

February 5, 2021

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