AIR Data Discrepancy Alone Insufficient for Income Addition Without Additional Evidence of Undeclared Income.

AIR Data Discrepancy Alone Insufficient for Income Addition Without Additional Evidence of Undeclared Income. https://www.taxtmi.com/highlights?id=29593 Addition made on account of mismatch of AIR data - only on the basis of AIR information no addition should be made-specially when there is no other material with the AO to demonstrate that the assessee had received income more than what was declared by it - AT en-us Sat, 04 Jun 2016 14:27:32 +0530 Sat, 04 Jun 2016 14:27:32 +0530 TaxTMI RSS Generator AIR Data Discrepancy Alone Insufficient for Income Addition Without Additional Evidence of Undeclared Income. https://www.taxtmi.com/highlights?id=29593 Addition made on account of mismatch of AIR data - only on the basis of AIR information no addition should be made-specially when there is no other material with the AO to demonstrate that the assessee had received income more than what was declared by it - AT Highlights Income Tax Sat, 04 Jun 2016 14:27:32 +0530 https://www.taxtmi.com/highlights?id=29593