Wednesday, April 29, 2015

[aaykarbhavan] Order of AO wasn't prejudicial to revenue once inquiry was held demonstrating how view taken by him was correct



Order of AO wasn't prejudicial to revenue once inquiry was held demonstrating how view taken by him was correct

April 29, 2015[2015] 56 taxmann.com 360 (Bombay)
IT: Where for unaccounted expenditure revealed in search, assessee prepared cash flow statement and explained source and application of income to which Assessing Officer concurred, order of Assessing Officer could not be revised
 
Regards
Prarthana Jalan


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


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