Tuesday, March 18, 2014

[aaykarbhavan] HC slams revenue for making addition for credit even after rejection of assessee’s books



 

HC slams revenue for making addition for unexplained credit even after rejection of assessee's books

March 18, 2014[2014] 42 taxmann.com 349 (Punjab & Haryana)
IT : Where books of account are rejected in their entirety, Assessing Officer cannot rely upon any entry in those books of account for making an addition to assessee's taxable income under section 68
Regards
Prarthana Jalan


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