Undisclosed income - differential amount of sale proceeds - the ...

Assessing Officer Fails to Prove Income Concealment Due to Lack of Evidence on Sale Proceeds Differential.

April 6, 2023

Case Laws Income Tax AT

Undisclosed income - differential amount of sale proceeds - the findings of the lower authorities were not based any documentary evidences, but based on some presumption that the assessee has concealed sale of plot - On such presumption, burden to establish concealment of income indeed was with the AO with some incriminating material.- AT

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Undisclosed income - differential amount of sale proceeds - the ...

Assessing Officer Fails to Prove Income Concealment Due to Lack of Evidence on Sale Proceeds Differential.

April 6, 2023

Case Laws Income Tax AT

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