Bank passbook / statements not books of account of assessee and hence no addition can be made u/s 68 of…
Addition for unsecured loans tenable when profits are estimated as it is not trading account but balance sheet item ABACUS…
Cash credit entries in books of a firm, in absence of material to indicate that they were its profits, could…
Expression “any previous year” in Section 68 refers to previous year relevant to the Assessment Year in question - High…
When all cash credits treated as turnover, capital introduction in cash and machinery purchased should also be considered out of…
Addition for Unexplained Investment u/s 69 quashed as Muslims religion bars Interest income therefore cash was kept at home INCOME…