Addition u/s 68 - unexplained credits - The burden to prove ...

Burden of Proof on Revenue Authorities for Unexplained Credits Under Income Tax Act.

December 2, 2023

Case Laws Income Tax HC

Addition u/s 68 - unexplained credits - The burden to prove otherwise rested squarely on the revenue authorities. Unless the initial onus had been discharged by leading some evidence that may have led itself to the conclusion that the investment was never made, the burden that was cast on the revenue remained undischarged. - HC

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Addition u/s 68 - unexplained credits - The burden to prove ...

Burden of Proof on Revenue Authorities for Unexplained Credits Under Income Tax Act.

December 2, 2023

Case Laws Income Tax HC

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