https://www.taxtmi.com/highlights?id=61239 Addition u/s 68 - By "right person", we mean the person who is liable to be taxed, according to law, with respect to a particular income. The expression "wrong person" is obviously used as the opposite of the expression "right person". Merely because a wrong person is taxed with respect to a particular income, the Assessing Officer is not precluded from taxing the right person with respect to that income. This is so irrespective of the fact which course is more beneficial to the Revenue. - AT en-us Sat, 01 Jan 2022 16:30:33 +0530 Sat, 01 Jan 2022 16:30:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=61239 Addition u/s 68 - By "right person", we mean the person who is liable to be taxed, according to law, with respect to a particular income. The expression "wrong person" is obviously used as the opposite of the expression "right person". Merely because a wrong person is taxed with respect to a particular income, the Assessing Officer is not precluded from taxing the right person with respect to that income. This is so irrespective of the fact which course is more beneficial to the Revenue. - AT Highlights Income Tax Sat, 01 Jan 2022 16:30:33 +0530 https://www.taxtmi.com/highlights?id=61239