Addition cannot be made only on the basis of declaration made u/s 132(4) of IT Act, 1961
Last updated: 09 May 2023
Court :
ITAT Kolkata/Guwahati
Brief :
THE ITAT held that additions cannot be made only on the basis of declaration made under section 132(4) of the Income Tax Act, 1961 without any corroborating evidence to prove the addition.
Citation :
I.T .A. NOS . 219, 222 & 224/GAU/2019
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FCS Deepak Pratap Singh
Published in Income Tax
Views : 1188
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