Day: September 23, 2018

Addition u/s 68 for differences in outstanding balances not confirmed by parties without doubting transactions

Addition u/s 68 for differences in outstanding balances not confirmed by parties cannot be made without doubting identity, creditworthiness and genuineness of transactions. ABCAUS Case Law Citation: ABCAUS 2529 (2018) 09 ITAT Important Case Laws Cited/relied upon by the parties: Aurobindo Sanitary Stores vs. CIT 2005-(IT3)-GJX-0127-ORI. DCIT vs. …
Subscribe to ABCAUS Newsletter

Get reliable, authentic and latest updates on taxation/corporate and other laws in your mail box free.



After subscribing, please check your email (including spam or junk folder) and activate the subscription link by clicking it.