Assessee Must Provide Evidence to Offset BCCI Income Expenses Against Other Sources, Says Tax Authority.

Assessee Must Provide Evidence to Offset BCCI Income Expenses Against Other Sources, Says Tax Authority. https://www.taxtmi.com/highlights?id=29918 Addition on account of expenses claimed against income received from the BCCI - Since the assessee himself has claimed certain income earned from other sources and claimed set off of expenditure incurred for earning such income, it was incumbent upon the assessee to furnish supporting evidence qua its claim for expenditure. - AT en-us Fri, 24 Jun 2016 14:54:31 +0530 Fri, 24 Jun 2016 14:54:31 +0530 TaxTMI RSS Generator Assessee Must Provide Evidence to Offset BCCI Income Expenses Against Other Sources, Says Tax Authority. https://www.taxtmi.com/highlights?id=29918 Addition on account of expenses claimed against income received from the BCCI - Since the assessee himself has claimed certain income earned from other sources and claimed set off of expenditure incurred for earning such income, it was incumbent upon the assessee to furnish supporting evidence qua its claim for expenditure. - AT Highlights Income Tax Fri, 24 Jun 2016 14:54:31 +0530 https://www.taxtmi.com/highlights?id=29918