[aaykarbhavan] Determination of income in an order passed under sec. 153A would be similar to order passed in reassessment

Determination of income in an order passed under sec. 153A would be similar to order passed in reassessment

November 17, 2014[2014] 50 taxmann.com 85 (Hyderabad - Trib.)

IT : Determination of income in order passed in terms of section 153A would be similar to order passed in any re-assessment

IT : Where investment was made in construction of property belonging to assessee's mother, Assessing Officer could not make addition to assessee's income on protective basis merely on ground that certain bills/delivery challans were issued in name of assessee

 

Regards

Prarthana Jalan

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

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