Get Even More Visitors To Your Blog, Upgrade To A Business Listing >>

Addition based on mere Statements during Survey without any Tangible Materials is invalid

DCIT Vs M/s. Real Strips Ltd. (ITAT Ahmedabad) The Addition was solely made on the basis of the statement furnished by the production manager of the assessee at the time of survey. The lower authorities have not brought any iota of evidence suggesting that the assessee has suppressed the production leading to suppressed sale out […]



This post first appeared on Tax Guru, please read the originial post: here

Share the post

Addition based on mere Statements during Survey without any Tangible Materials is invalid

×

Subscribe to Tax Guru

Get updates delivered right to your inbox!

Thank you for your subscription

×