peak credit theory

  • Income Tax

Peak credit theory not applicable when cash not withdrawn but only deposited in bank account and used for investment in mutual funds.

Peak credit theory not applicable when cash not withdrawn but only deposited in bank account and used for investment in…

8 years ago
  • Income Tax

Peak Negative Cash Balance Addition u/s 69C without giving benefit of capitalisation of sums disclosed in earlier AYs deleted

Unexplained expendiure addition u/s 69C made for peak negative cash balance without giving benefit of capitalisation of sums disclosed in…

8 years ago