Saturday, March 14, 2015

[aaykarbhavan] Income unearthed during search isn't undisclosed income of block period if it is duly reflected in book



Income unearthed during search isn't undisclosed income of block period if it is duly reflected in books

March 14, 2015[2015] 55 taxmann.com 20 (Andhra Pradesh)/[2015] 370 ITR 209 (Andhra Pradesh)
IT: Where all items of cash credits alleged against assessees were reflected in books of account, an exercise under section 158BB by Assessing Officer was not justified
 
Regards
Prarthana Jalan


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


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