Income Tax Act Section 69A allows flexible evaluation of undisclosed income based on probabilities, not strict evidence rules.

Income Tax Act Section 69A allows flexible evaluation of undisclosed income based on probabilities, not strict evidence rules. https://www.taxtmi.com/highlights?id=15529 Assessment of Undisclosed income u/s 69A - It is a well settled proposition of law that the strict rule of evidence is not applicable to the income tax proceedings and the issues can be decided on the basis of preponderance of probabilities - AT en-us Mon, 04 Nov 2013 07:14:15 +0530 Mon, 04 Nov 2013 07:14:15 +0530 TaxTMI RSS Generator Income Tax Act Section 69A allows flexible evaluation of undisclosed income based on probabilities, not strict evidence rules. https://www.taxtmi.com/highlights?id=15529 Assessment of Undisclosed income u/s 69A - It is a well settled proposition of law that the strict rule of evidence is not applicable to the income tax proceedings and the issues can be decided on the basis of preponderance of probabilities - AT Highlights Income Tax Mon, 04 Nov 2013 07:14:15 +0530 https://www.taxtmi.com/highlights?id=15529