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Income Tax - Highlights / Catch Notes

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Addition u/s 68 - genuineness of the income - The complete ...


Court Reviews Income Validity u/s 68; Assessee Submits Extensive Documentation to Prove Commodity Profit Authenticity.

February 17, 2023

Case Laws     Income Tax     AT

Addition u/s 68 - genuineness of the income - The complete details including the contract notes, financial ledgers, bank statement showing the relevant transactions and the audited financial statements of the broker, assert this fact that the assessee has earned a genuine commodity profit. - AT

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