https://www.taxtmi.com/highlights?id=69839 Addition u/s 69A - valuable article - ambit of the word ‘owner’ in section 69A - carriage contractor for bitumen - short delivery of bitumen - Can a thief become the owner - Deemed ownership - an ‘article’ shall be considered ‘valuable’ if the concerned article is a high-priced article commanding a premium price. - AO acted illegally in holding that one appellant was the ‘owner’ and on the said basis made the addition - SC en-us Thu, 18 May 2023 21:45:09 +0530 Thu, 18 May 2023 21:45:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=69839 Addition u/s 69A - valuable article - ambit of the word ‘owner’ in section 69A - carriage contractor for bitumen - short delivery of bitumen - Can a thief become the owner - Deemed ownership - an ‘article’ shall be considered ‘valuable’ if the concerned article is a high-priced article commanding a premium price. - AO acted illegally in holding that one appellant was the ‘owner’ and on the said basis made the addition - SC Highlights Income Tax Thu, 18 May 2023 21:45:09 +0530 https://www.taxtmi.com/highlights?id=69839