#Section 69
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976 articlesIncome Tax
Income Tax
Budget 2018 Rationalises provisions of section 115BBE
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Addition U/s. 69 for Jewellery duly reflected in Books with evidenced source not sustainable
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Addition U/s. 69 justified on failure of Assessee to establish that cash deposited in her bank a/c belong to her clients
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Addition U/s. 69 justified if assessee cannot furnish any explanation regarding source of receipt of money
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Books of account cannot be relied after rejection for making addition U/s. 69
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AO justified in making addition for unexplained amount deposited in bank
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S. 69 ITO have discretion in treating source of investment as income
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Share Profit cannot be treated bogus for fabulous return in Short Time
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No Set off of losses against deemed undisclosed income
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