Unaccounted income over and above the regular income registered ...
Income Tax
November 11, 2021
Unaccounted income over and above the regular income registered in the books of account - There is no dispute that assessee was engaged for development of project of Victoria Palms, Dumas Road, Surat. The assessee was not having any other source of income. There is no dispute that the assessee is not entitled for set off of losses of earlier year, which have been allowed to the assessee. - income declared in the survey falls under one of the head of income and current year losses be set off against such undisclosed income - AT
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