AO Must Document Adverse Findings with Evidence, Apply Preponderance of Probabilities in Assessments.

AO Must Document Adverse Findings with Evidence, Apply Preponderance of Probabilities in Assessments. https://www.taxtmi.com/highlights?id=33582 AO being an investigator and adjudicator, when coming to an adverse finding against the assessee, was required to record such finding adequately as duly supported by material and evidence taking into account that principles of preponderance of probabilities applies. - HC en-us Mon, 06 Mar 2017 09:07:08 +0530 Mon, 06 Mar 2017 09:07:08 +0530 TaxTMI RSS Generator AO Must Document Adverse Findings with Evidence, Apply Preponderance of Probabilities in Assessments. https://www.taxtmi.com/highlights?id=33582 AO being an investigator and adjudicator, when coming to an adverse finding against the assessee, was required to record such finding adequately as duly supported by material and evidence taking into account that principles of preponderance of probabilities applies. - HC Highlights Income Tax Mon, 06 Mar 2017 09:07:08 +0530 https://www.taxtmi.com/highlights?id=33582