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...
Penalty u/s 271(1)(c) - assessee has admitted part disallowance of expenses - admission of expenses could not be construed that the assessee has admitted allegations that he has furnished inaccurate particulars - AO need to demonstrate that the explanation of the expenditure given by the assessee was false - No penalty
Penalty u/s 271(1)(c) - assessee has admitted part disallowance of expenses - admission of expenses could not be construed that the assessee has admitted allegations that he has furnished inaccurate particulars - AO need to demonstrate that the explanation of the expenditure given by the assessee was false - No penalty
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