Electronic WhatsApp evidence without authentication or independent corroboration cannot sustain an unexplained-investment addition based on third-part...
Mutual current-account transactions excluded from deemed dividend treatment where no fresh borrowing arose; unsupported unsecured-loan addition also f...
Addition u/s 69C - CIT(A) confined the addition to only 5% of the amount spent on purchases based on past record of profits - as the provision of Section 69C is not mandatory in nature, the AO has full discretion either to add or not to add the unexplained expenditure in the income of the assessee based upon sound judicial principles - HC
Addition u/s 69C - CIT(A) confined the addition to only 5% of the amount spent on purchases based on past record of profits - as the provision of Section 69C is not mandatory in nature, the AO has full discretion either to add or not to add the unexplained expenditure in the income of the assessee based upon sound judicial principles - HC
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