Tuesday, October 30, 2018

No addition without linking seized material with illegal payment made to politicians; SLP dismissed

IT : SLP dismissed against High Court ruling that where revenue failed to establish any linkage between material seized from assessee's premises and those from premises of UPDA in respect of illegal payments made to various officials and politicians, no addition could be made to assessee's income in respect of payments so made

from www.taxmann.com Latest Case Laws https://ift.tt/2Rtv0I3

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