Taxpayer Cleared: No Additions u/s 68 Due to Lack of Concrete Evidence in Accommodation Entry Case.

Taxpayer Cleared: No Additions u/s 68 Due to Lack of Concrete Evidence in Accommodation Entry Case. https://www.taxtmi.com/highlights?id=35008 Unexplained cash credit u/s 68 - AO has merely proceeded and relied on the information received from the DGIT(Inv), Mumbai that the assessee is one of the beneficiary of the accommodation entries without bringing any material against the assessee on record - No additions - AT en-us Sat, 27 May 2017 10:45:52 +0530 Sat, 27 May 2017 10:45:52 +0530 TaxTMI RSS Generator Taxpayer Cleared: No Additions u/s 68 Due to Lack of Concrete Evidence in Accommodation Entry Case. https://www.taxtmi.com/highlights?id=35008 Unexplained cash credit u/s 68 - AO has merely proceeded and relied on the information received from the DGIT(Inv), Mumbai that the assessee is one of the beneficiary of the accommodation entries without bringing any material against the assessee on record - No additions - AT Highlights Income Tax Sat, 27 May 2017 10:45:52 +0530 https://www.taxtmi.com/highlights?id=35008