Monday 13 July 2015

AO gets flak from ITAT for making addition on basis of cancelled agreement which didn't relate to as

IT : Where addition was made by Assessing Officer on account of unexplained investment by assessee company in purchase of land based on copy of agreement seized from sister concern of assessee, since said agreement was a cancelled document and did not relate to assessee, addition made was unjustified

No comments:

Post a Comment