Friday, March 8, 2019

No action could be undertaken u/s 153C if seized documents weren't in name of assessee; SLP dismissed

IT : SLP dismissed against High Court ruling that where seized documents were not in name of assessee, no action could be undertaken in case of assessee under section 153C and further entire decision being based on huge amounts revealed from seized documents not being supported by actual cash passing hands, additions under section 69C were not sustainable

from www.taxmann.com Latest Case Laws https://ift.tt/2UpYI2f

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