Cash credit entries in books of a firm could not be added to its profit – High Court
May 2, 2020
High Courts, Income Tax
Cash credit entries in books of a firm, in absence of material to indicate that they were its profits, could not be assessed in the hands of the firm ABCAUS Case Law Citation:ABCAUS 3304 (2020) (05) HC Important case law relied upon by the parties:Deputy Commissioner of Income …