Wednesday, October 3, 2018

No need to prove occasion for receiving gifts from relative; ITAT deleted sec. 68 additions

IT : Where pursuant to search and seizure operation under section 132, seized material relating to assessee was received by Assessing Officer of assessee under section 153C in financial year 2011-12, assessment order passed against assessee under said section on 22-3-2013 was well within period of limitation

from www.taxmann.com Latest Case Laws https://ift.tt/2OBpRj2
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