Court Dismisses Allegations of Excess Landlord Payments Due to Lack of Evidence; Income Additions Require Concrete Proof.

Court Dismisses Allegations of Excess Landlord Payments Due to Lack of Evidence; Income Additions Require Concrete Proof. https://www.taxtmi.com/highlights?id=45133 Unexplained expenditure - alleged excess payments to landlords - Department has not found anything to show that the landlords actually received the payments - The additions can be made only based on actual evidence and not based on presumptions - In the absence of any evidence, addition was deleted. en-us Thu, 14 Mar 2019 09:23:15 +0530 Thu, 14 Mar 2019 09:23:15 +0530 TaxTMI RSS Generator Court Dismisses Allegations of Excess Landlord Payments Due to Lack of Evidence; Income Additions Require Concrete Proof. https://www.taxtmi.com/highlights?id=45133 Unexplained expenditure - alleged excess payments to landlords - Department has not found anything to show that the landlords actually received the payments - The additions can be made only based on actual evidence and not based on presumptions - In the absence of any evidence, addition was deleted. Highlights Income Tax Thu, 14 Mar 2019 09:23:15 +0530 https://www.taxtmi.com/highlights?id=45133