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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- Budget 2026: Income-Tax Highlights at a Glance
- Application for Condonation of Delay under Section 119(2)(b) filed beyond a period of 3 years in terms of Circular No. 16 of 2024 issued by CBDT & Recent HC Ruling
- Stay of Demand and the 20% Recovery Rule: CBDT Instructions and Judicial Reinforcement by the Bombay High Court
- 20% Pre-Deposit for Stay of Demand Is NOT Mandatory: Delhi High Court Corrects a Common and Costly Misconception
