Thursday, December 6, 2018

ITAT deleted additions as amount deposited in assessee's Foreign Bank a/c didn't belong to him

IT: Where addition was made to income of assessee on account of amount deposited in foreign bank account through a trust owned by an NRI, since it was found that said amount in foreign bank account was actually owned by said NRI and he had also admitted some, impugned addition was unjustified

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

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