Nature of income surrendered during survey - Taxable ‘Head of ...

Income Tax

August 24, 2023

Nature of income surrendered during survey - Taxable ‘Head of income’ - excess income declared during the course of survey proceedings cannot be treated as unexplained income of the assessee-appellant since credited to P & L A/c and cannot be assessed as income from other sources, but, under income from business. - AT

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Nature of income surrendered during survey - Taxable ‘Head of ...

Income Tax

August 24, 2023

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