Addition could not be made under section 69A for unrecorded sales, which were duly recorded by the assessee and income determined accordingly: ITAT Kanpu

Untitled-418-min




Loading

Addition could not be made under section 69A for unrecorded sales, which were duly recorded by the assessee and income determined accordingly: ITAT Kanpur

 

 

Kanpur Organics Pvt. Ltd Vs. Dy. CIT

Lucknow Bench of ITAT

ITA.675/LKW/2018

dated 10/01/2020

 

Assessment year 2016-17

 

ITAT has held that addition could not be made under section 69A for unrecorded sales, which were duly recorded by the assessee and income determined accordingly.

Attachments area

 

KANPUR ORGANICS PVT LTD- www.TheTaxTalk.com

 

******************************************

For Tax & Corporate Law Updates on Mobile, we have created Telegram and Whatsapp Group with following Link:

Telegram Group at –

  1. https://t.me/joinchat/P6IyfUoZ6q7FUIthNYaJVw

Whatsapp Group at

  1. https://chat.whatsapp.com/DQpNmCSlWYbLWMQC6eQy1S
  2. https://chat.whatsapp.com/EYxiPR9svys629yrPafAMb
  3. https://chat.whatsapp.com/LLhXDbRaHFx2rsNt8fxYyF

Income Tax Act on Your Mobile Now
Android Application
for
Income Tax Act – 1961 with Cost Inflation Index
and other tools on Mobile now at following link:

  1. https://play.google.com/store/apps/details?id=com.thetaxtalk&hl




Menu