AO and CIT(A) Misclassify Recoveries from Deposits as Cash Credits u/s 68 Despite Assessee's Evidence.

AO and CIT(A) Misclassify Recoveries from Deposits as Cash Credits u/s 68 Despite Assessee's Evidence. https://www.taxtmi.com/highlights?id=15864 Addition u/s 68 - Since Assessee furnished details of debtors and also the entries made in the books of account, both the AO and the CIT(A) have erred in considering recoveries from deposits as cash credits - AT en-us Mon, 18 Nov 2013 11:32:03 +0530 Mon, 18 Nov 2013 11:32:03 +0530 TaxTMI RSS Generator AO and CIT(A) Misclassify Recoveries from Deposits as Cash Credits u/s 68 Despite Assessee's Evidence. https://www.taxtmi.com/highlights?id=15864 Addition u/s 68 - Since Assessee furnished details of debtors and also the entries made in the books of account, both the AO and the CIT(A) have erred in considering recoveries from deposits as cash credits - AT Highlights Income Tax Mon, 18 Nov 2013 11:32:03 +0530 https://www.taxtmi.com/highlights?id=15864