Section 68 Inapplicable to Bank Deposits If No Books Maintained for the Year, Assessee Protected from Tax Liabilities.

Section 68 Inapplicable to Bank Deposits If No Books Maintained for the Year, Assessee Protected from Tax Liabilities. https://www.taxtmi.com/highlights?id=16628 Provisions of section 68 cannot be invoked on various deposits/credits found recorded in the bank account of the assessee in the absence of books maintained for that previous year - AT en-us Thu, 02 Jan 2014 08:36:27 +0530 Thu, 02 Jan 2014 08:36:27 +0530 TaxTMI RSS Generator Section 68 Inapplicable to Bank Deposits If No Books Maintained for the Year, Assessee Protected from Tax Liabilities. https://www.taxtmi.com/highlights?id=16628 Provisions of section 68 cannot be invoked on various deposits/credits found recorded in the bank account of the assessee in the absence of books maintained for that previous year - AT Highlights Income Tax Thu, 02 Jan 2014 08:36:27 +0530 https://www.taxtmi.com/highlights?id=16628