No addition as undisclosed income if Revenue failed to bring on record that the amount in fact belonged to Assessee
No addition as undisclosed income if Revenue failed to bring on record that the amount in fact belonged to Assessee Income…
onus to prove undisclosed income
Recent Posts
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- Updated Return 2.0: From Correction Tool to Compliance Settlement Framework
- ROC Bengaluru Imposes Penalty for Approving Share Transfer in Physical Form
- Budget 2026: No deduction of interest in case of dividend income
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- Making March Meaningful – Because 31st March Doesn’t Come with an Extension!
- Updated Return Allowed Even After Reassessment Notice – A Fresh Compliance Window under Finance Bill 2026
- Advance Tax under the Income Tax Act, 2025: Who Must Pay, Instalment Dates, and Interest Implications
- Compliance Calendar for March’2026
