No error in ITAT’s ruling deleting sec. 69C additions by holding that source of cash purchase was duly recorded: HC

INCOME TAX : Where Assessing Officer having noticed that assessee had shown in account books purchases of milk made from farmers in cash and it failed to provide contact number of farmers made addition of said amount to assessee’s income under section 69C and Tribunal deleted addition holding that entire source of purchases was duly recorded in account books,INCOME TAX : Where Assessing Officer having noticed that assessee had shown in account books purchases of milk made from farmers in cash and it failed to provide contact number of farmers made addition of said amount to assessee’s income under section 69C and Tribunal deleted addition holding that entire source of purchases was duly recorded in account books,www.taxmann.com Latest Case LawsRead More

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