GST Course
CA Final Online Classes
CA Classes

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Income form undisclosed source ::

LinkedIn


Court :
HC

Brief :
Held by the Hon`ble Court that, loose papers themselves not indicating receipt of undisclosed income and in the absence of opportunity of cross examination, additions on the basis of entries on loose papers found during search not justified in law.

Citation :
C.I.T. Vs. S.C. Sethi 03/10/2006 [2007] 295 ITR 351 (Raj)

Income form undisclosed source C.I.T. Vs. S.C. Sethi 03/10/2006 [2007] 295 ITR 351 (Raj) Case Fact: Whether, Additions on the basis of entries on loose papers found during search justified in law? Decision: Held by the Hon`ble Court that, loose papers themselves not indicating receipt of undisclosed income and in the absence of opportunity of cross examination, additions on the basis of entries on loose papers found during search not justified in law.
 

CA.Saibaburao Nanduri
on 20 May 2008
Published in Income Tax
Views :
Report Abuse

LinkedIn







Trending Tags