Loose paper found during search: No addition could be sustained without other corroborative evidence
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Loose paper found during search: No addition could be sustained without other corroborative evidence Short Overview Addition made by AO…
rough paper in survey search
Recent Posts
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- A simple checklist for Clause 34 of Tax Audit Report to be Considered by Auditors:
- Madras High Court Rules: No Clubbing of GST Show Cause Notices for Multiple Financial Years
- Relaxation of time limit for processing of returns of income filed electronically which were incorrectly invalidated by CPC
- UPI Under GST Lens: Traders Must Be Cautious, Not Fearful
- Section 43CA Additions Quashed by ITAT Pune: A Victory Against Mechanical Reopening and Misapplication of Law
- Foreign Mutual Funds Must Be Reported in ITR — Avoid ₹10 Lakh Penalty
- Supreme Court Upholds Taxpayer’s Right to Reasoned Order in GST Detention Cases: A Landmark Ruling for Procedural Safeguards
- Assessing Officer cannot rely solely on borrowed information without independent verification or a rational connection to income escapement.
- Reassessment against dissolved Firm is void – ITAT Delhi Quashes ₹17 Crore Addition
