Assessee's 8% Income Declaration u/s 44AD Accepted; Revenue's Doubt on Turnover Rejected u/s 69A.

Assessee's 8% Income Declaration u/s 44AD Accepted; Revenue's Doubt on Turnover Rejected u/s 69A. https://www.taxtmi.com/highlights?id=53213 Unexplained money u/s 69A - assessee had not maintained books of account that is why he opted for 8 per cent income as per section 44AD - Argument of the revenue that the turnover of the assessee has been doubted by the Assessing Officer is totally ill-found - AT en-us Wed, 29 Apr 2020 09:18:28 +0530 Wed, 29 Apr 2020 09:18:28 +0530 TaxTMI RSS Generator Assessee's 8% Income Declaration u/s 44AD Accepted; Revenue's Doubt on Turnover Rejected u/s 69A. https://www.taxtmi.com/highlights?id=53213 Unexplained money u/s 69A - assessee had not maintained books of account that is why he opted for 8 per cent income as per section 44AD - Argument of the revenue that the turnover of the assessee has been doubted by the Assessing Officer is totally ill-found - AT Highlights Income Tax Wed, 29 Apr 2020 09:18:28 +0530 https://www.taxtmi.com/highlights?id=53213