Documents from Laptop in Section 153A Assessments Can't Imply Income Without Evidence; Section 292C Presumption Insufficient.

Documents from Laptop in Section 153A Assessments Can't Imply Income Without Evidence; Section 292C Presumption Insufficient. https://www.taxtmi.com/highlights?id=53472 Assessment u/s 153A - Documents recovered from the laptop - presumption - If the documents seized does not show any income earned by the assessee, then ld AO cannot rest on provision of section 292C without bringing any corroborative material on record. en-us Fri, 22 May 2020 13:39:16 +0530 Fri, 22 May 2020 13:39:16 +0530 TaxTMI RSS Generator Documents from Laptop in Section 153A Assessments Can't Imply Income Without Evidence; Section 292C Presumption Insufficient. https://www.taxtmi.com/highlights?id=53472 Assessment u/s 153A - Documents recovered from the laptop - presumption - If the documents seized does not show any income earned by the assessee, then ld AO cannot rest on provision of section 292C without bringing any corroborative material on record. Highlights Income Tax Fri, 22 May 2020 13:39:16 +0530 https://www.taxtmi.com/highlights?id=53472