Tuesday, July 31, 2018

No sec. 69 additions if assessee didn't explain source of investment of prospective bulk purchasers of land

IT: Where investment made by assessee in purchasing land was out of funds received from bulk and retail purchaser as per agreement between them, no addition under section 69 could be made in hands of assessee; SLP dismissed

from www.taxmann.com Latest Case Laws https://ift.tt/2mWS7gL
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