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Income Tax - Highlights / Catch Notes

Home Highlights December 2023 Year 2023 This

Addition u/s 69A - on-money in respect of 100% of unit is ...

Income Tax

December 29, 2023

Addition u/s 69A - on-money in respect of 100% of unit is brought on record - taxability at higher rate of tax u/s 115BBE - no such provision was invoked by Assessing Officer while making addition in the assessment order - further, since source of income has been explained, AO directed to tax the same at normal rate - AT

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