https://www.taxtmi.com/highlights?id=48771 Addition u/s 68 - search u/s 132(1) - amount received on the occasion of marriage of his brother-in-law’s daughter or as commission income - merely because the assessee is inconsistent in his explanation does not ifso facto and on its own alone lead to the conclusion that a particular noting represents the income of the assessee. There has to be some material on record, more importantly, in the absence of any explanation by the assessee, to form the basis of making the addition. en-us Tue, 20 Aug 2019 08:15:25 +0530 Tue, 20 Aug 2019 08:15:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=48771 Addition u/s 68 - search u/s 132(1) - amount received on the occasion of marriage of his brother-in-law’s daughter or as commission income - merely because the assessee is inconsistent in his explanation does not ifso facto and on its own alone lead to the conclusion that a particular noting represents the income of the assessee. There has to be some material on record, more importantly, in the absence of any explanation by the assessee, to form the basis of making the addition. Highlights Income Tax Tue, 20 Aug 2019 08:15:25 +0530 https://www.taxtmi.com/highlights?id=48771