Tuesday, November 2, 2021

No additions towards cash deposit as assessee filed cash flow statement showing sufficient source of income: ITAT

INCOME TAX : Where assessee explained source of cash credit in her bank account by filing material evidence, addition could not be made holding same as unexplained cash credit

from www.taxmann.com Latest Case Laws https://ift.tt/3nTlpMt

No comments:

Post a Comment

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...