Thursday, March 12, 2020

AO cannot make additions towards undisclosed income only on basis of presumption u/s132(4A) : HC

INCOME TAX: No addition could be made on account of undisclosed income only on basis of presumptions under section 132(4A) without recording any findings as to how loose sheets found during search were linked to assessee

from www.taxmann.com Latest Case Laws https://ift.tt/38QeJ8k
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