ITAT remanded matter as AO made sec. 68 additions without considering confirmation letter from payer Co.

INCOME TAX : Where Assessing Officer treated cash deposits in assessee's bank account as unexplained investment under section 69 without considering letter from payer company evidencing nature of payments made to assessee, since nature of transaction was verifiable, disallowance was to be set aside and matter was to be remanded

from www.taxmann.com Latest Case Laws https://ift.tt/2Wk0atc