Saturday, November 24, 2018

No sec. 153A addition in respect of completed assessment when no incremental material was found during search

IT : Where in course of proceedings under section 153A, AO made certain additions to assesee's income, in respect of deemed dividend, in view of fact that assessment for relevant years had attained finality and no incriminating material was found in course of search, impugned addition was to be deleted

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

No comments:

Post a Comment

AO can’t disallow cost of improvement merely relying on enquiries made with assessee’s neighbour: ITAT

INCOME TAX : Where assessee had purchased a flat and incurred expenditure of Rs. 23 lakhs for purpose of renovating house and Assessing Offi...