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Income Tax - Highlights / Catch Notes

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Addition made on account of informer information expenses - ...


Commissioner Confirms Deletion of Additions u/s 69C; Assessee Proves Expense Validity While Protecting Informant Identity.

February 18, 2022

Case Laws     Income Tax     AT

Addition made on account of informer information expenses - Additions u/s 69C - In this case, details of informants have to kept secret and the assessee has supplied enough information to substantiate the actual payment but only kept the identity of the informants. After going through detailed finding of the Ld.CIT(A) we do not find any reason to interfere with the finding of the Ld.CIT(A) - CIT(A) rightly deleted the additions - AT

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