Tuesday, February 16, 2021

Noting in a diary couldn’t be ground for sec. 69A additions unless same is supported by corroborative evidence

INCOME TAX : Without corroborative evidence to prove authenticity of diary seized during search, Assessing Officer could not make additions in assessee's income on basis of notings in diary of third party by making presumptions as per section 292C

from www.taxmann.com Latest Case Laws https://www.taxmann.com/research/direct-tax-laws/top-story/101010000000196496/noting-in-a-diary-couldn’t-be-ground-for-sec-69a-additions-unless-same-is-supported-by-corroborative-evidence.aspx

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