Thursday, October 8, 2020

No sec. 153A addition in respect of completed assessment when no incremental material was found during search

INCOME TAX : In absence of any incriminating material related to relevant assessment year found during search, assessment under section 153A could not be made for such assessment year for which assessment had been concluded on date of search and not abated

from www.taxmann.com Latest Case Laws https://ift.tt/2GIGsPM
-
Labels:

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

AO can’t disallow cost of improvement merely relying on enquiries made with assessee’s neighbour: ITAT

INCOME TAX : Where assessee had purchased a flat and incurred expenditure of Rs. 23 lakhs for purpose of renovating house and Assessing Offi...