AO Accepts Assessee's Documents Without Independent Inquiry; No Addition u/s 68 of Income Tax Act.

AO Accepts Assessee's Documents Without Independent Inquiry; No Addition u/s 68 of Income Tax Act. https://www.taxtmi.com/highlights?id=48578 Addition u/s 68 - AO neither find any fault with the documents furnished by the assessee nor make any independent enquiry with the share applicants in order to find out the veracity of the submissions made by the assessee, it has to be presumed that the AO was satisfied with the details furnished - no addition en-us Mon, 12 Aug 2019 07:56:15 +0530 Mon, 12 Aug 2019 07:56:15 +0530 TaxTMI RSS Generator AO Accepts Assessee's Documents Without Independent Inquiry; No Addition u/s 68 of Income Tax Act. https://www.taxtmi.com/highlights?id=48578 Addition u/s 68 - AO neither find any fault with the documents furnished by the assessee nor make any independent enquiry with the share applicants in order to find out the veracity of the submissions made by the assessee, it has to be presumed that the AO was satisfied with the details furnished - no addition Highlights Income Tax Mon, 12 Aug 2019 07:56:15 +0530 https://www.taxtmi.com/highlights?id=48578