Section 69 Addition Cannot Be Based on Mere Suspicion or ‘Human Probabilities’ Once the Source of Cash Is Proved: ITAT Chennai
Section 69 Addition Cannot Be Based on Mere Suspicion or ‘Human Probabilities’ Once the Source of Cash Is Proved: ITAT…
Section 115BBE latest case law
Recent Posts
- Section 74 Cannot Be Invoked by Merely Using the Words “Fraud” or “Suppression”
- Section 54GB Exemption on Start-up Investment: ITAT Allows ₹1.48 Crore Deduction
- A Nephew Is a Relative—But Is He a Lineal Descendant?
- Six Days Instead of Seven: Karnataka HC Sets Aside Faceless Assessment for Violating Natural Justice
- Seized Excel Sheet, Cash Loans and Section 69: ITAT Upholds Addition When Assessee Could Not Explain the Entries
- Section 54F Exemption Allowed for Multiple Residential Units: ITAT Hyderabad Gives Relief
- ITR-BN: The New Return Form for Block Assessments – What Every Taxpayer Should Know
- Section 264 Cannot Become a Backdoor for a Time-Barred Revised Return: Supreme Court
- Updated Return or FAST-DS: Which Route Works Better for Undisclosed Foreign Income or Assets?
- Can a Third-Party Seized Document Reopen Your Assessment? Gujarat HC Says There Must Be a “Live Nexus”
