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 of cash deposited during the demonetisation period in bank account - unexplained income - taxation @ 60% as provided u/s. 115BBE - The tribunal acknowledged the appellant's submission regarding the source of cash deposits during demonetization and found that the addition made by the Assessing Officer was erroneous. They directed the Assessing Officer to make an addition of equal to 10% of the cash deposit and tax it under normal provisions instead of section 115BBE of the Act.
Addition of cash deposited during the demonetisation period in bank account - unexplained income - taxation @ 60% as provided u/s. 115BBE - The tribunal acknowledged the appellant's submission regarding the source of cash deposits during demonetization and found that the addition made by the Assessing Officer was erroneous. They directed the Assessing Officer to make an addition of equal to 10% of the cash deposit and tax it under normal provisions instead of section 115BBE of the Act.
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