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...
Reopening of assessment - commission income on the turnover of amount in the bank account which was used to facilitate for the marble traders - the swing from charging commission to charge the GP as marble trader has no basis and are contrary to the facts already on record. - we see no reason to consider the claim of the 25 % as allowable and therefore, the same is not be considered as expenses in the absence of any details or evidence. - AT
Reopening of assessment - commission income on the turnover of amount in the bank account which was used to facilitate for the marble traders - the swing from charging commission to charge the GP as marble trader has no basis and are contrary to the facts already on record. - we see no reason to consider the claim of the 25 % as allowable and therefore, the same is not be considered as expenses in the absence of any details or evidence. - AT
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