Centralised assessment transfers after searches coordinate connected investigations without finally determining the assessee's tax liability or assess...
Unsigned third-party records cannot establish on-money payments without corroboration and cross-examination, requiring deletion of the related additio...
Inadequate supporting evidence for a house property loss and deductions under sections 80C and 80D led to scrutiny of their substantiation. Where the documents were partly self-serving and unreliable, the aggregate disallowance was replaced with an ad hoc addition equal to 10% of the disputed claims. The addition was taxable at normal rates rather than under section 115BBE. The appeal was partly allowed by limiting the addition to that estimated amount.
Inadequate supporting evidence for a house property loss and deductions under sections 80C and 80D led to scrutiny of their substantiation. Where the documents were partly self-serving and unreliable, the aggregate disallowance was replaced with an ad hoc addition equal to 10% of the disputed claims. The addition was taxable at normal rates rather than under section 115BBE. The appeal was partly allowed by limiting the addition to that estimated amount.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
