https://www.taxtmi.com/highlights?id=13850 Addition u/s 69C - Low withdrawals for household expenses - AO did not point out any specific circumstances by which he assumed that assessee had made low withdrawals as against the assumed expenses of Rs.15 lakhs p.a. - However, on the basis of financial position of the assessee, withdrawals made by him do not match with his probable actual expenditure. - AT en-us Mon, 12 Aug 2013 09:29:19 +0530 Mon, 12 Aug 2013 09:29:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=13850 Addition u/s 69C - Low withdrawals for household expenses - AO did not point out any specific circumstances by which he assumed that assessee had made low withdrawals as against the assumed expenses of Rs.15 lakhs p.a. - However, on the basis of financial position of the assessee, withdrawals made by him do not match with his probable actual expenditure. - AT Highlights Income Tax Mon, 12 Aug 2013 09:29:19 +0530 https://www.taxtmi.com/highlights?id=13850