Tuesday, March 26, 2019

No additions just relying on statement of Managing Partner recorded u/s 131 if no supportive evidence was found

IT : Assessing Officer could not make additions to income of assessee-company only on basis of sworn statement of its managing director recorded under section 131 during course of survey without support of any corroborative evidence

from www.taxmann.com Latest Case Laws https://ift.tt/2FB019J
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