Monday, November 12, 2018

No additions u/s 153C if undisclosed cash received by assessee was related to prior AY: HC

IT : Where certain addition was made to assessee's income in course of proceedings under section 153C on account of certain undisclosed cash payments, since it was undisputed that payments of such nature, if any, were made in earlier assessment year, impugned addition made in assessment year in question deserved to be deleted

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