Tuesday, August 26, 2014

[aaykarbhavan] HC directs AO to verify undisclosed bank transactions of assessee for determining his undisclosed income




 

HC directs AO to verify undisclosed bank transactions of assessee for determining his undisclosed income

August 26, 2014[2014] 47 taxmann.com 386 (TRIPURA)/[2014] 363 ITR 168 (TRIPURA)
IT : Where Commissioner gave a number of opportunities of being heard to assessee, revision order could not be assailed for not following principle of natural justice
IT : If bank transactions were not reflected in books of account same could be treated as undisclosed income
Regards
Prarthana Jalan


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Posted by: Prarthana Jalan <prarthanajalan@ymail.com>


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