Thursday, August 6, 2020

SLP agianst ruling deleting additions as no nexus between cogent materials between doc. seized and assessee

INCOME TAX: SLP dismissed against High Court ruling that where Assessing Officer made addition to assessee's income in respect of unexplained capital gain on transfer of shares on basis of documents seized during course of search of another person, since Assessing Officer failed to show nexus on basis of cogent material between documents seized and assessee, impugned addition was to be deleted

from www.taxmann.com Latest Case Laws https://ift.tt/2EX7su0
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