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Income Tax - Highlights / Catch Notes

Home Highlights February 2013 Year 2013 This

Addition u/s. 68 - unless the bank statement are supported by ...

Case Laws     Income Tax

February 6, 2013

Addition u/s. 68 - unless the bank statement are supported by any other corroborative evidence to establish the financial capacity of the donors the bank statements do not prove the credit worthiness - AT

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  10. Addition u/s 68 - the additional ground raised by the assessee that addition cannot be made u/s 68 of the Act on the basis of the bank statement is rejected.

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  14. Addition made u/s 153A on account of undisclosed foreign bank account and interest income thereon - assessee confronted with client profiles from HSBC Bank showing...

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