Court Confirms Additions in Section 153A Assessment Despite Assessee's Challenge on Ambiguous Loose Papers Evidence.

Court Confirms Additions in Section 153A Assessment Despite Assessee's Challenge on Ambiguous Loose Papers Evidence. https://www.taxtmi.com/highlights?id=72186 Assessment u/s 153A pursuant to search - Addition based on loose paper - Assessee stated loose papers does not carry any name and it also not clear whether the amount if received or paid, the totaling also not proper - Various grounds raised by the assessee (legal heir) rejected - Additions confirmed - AT en-us Sat, 23 Sep 2023 08:40:26 +0530 Sat, 23 Sep 2023 08:40:26 +0530 TaxTMI RSS Generator Court Confirms Additions in Section 153A Assessment Despite Assessee's Challenge on Ambiguous Loose Papers Evidence. https://www.taxtmi.com/highlights?id=72186 Assessment u/s 153A pursuant to search - Addition based on loose paper - Assessee stated loose papers does not carry any name and it also not clear whether the amount if received or paid, the totaling also not proper - Various grounds raised by the assessee (legal heir) rejected - Additions confirmed - AT Highlights Income Tax Sat, 23 Sep 2023 08:40:26 +0530 https://www.taxtmi.com/highlights?id=72186