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

Addition of unexplained closing cash balance unsustained as cash was generated from agricultural activity

ITAT Ahmedabad held that addition towards closing cash balance as unexplained cash credit u/s 68 unsustained as cash was generated from agricultural activity and revenue failed to discharge the onus of disproving the said contention of the assessee.

The post Addition of unexplained closing cash balance unsustained as cash was generated from agricultural activity appeared first on TaxGuru.



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

Share the post

Addition of unexplained closing cash balance unsustained as cash was generated from agricultural activity

×

Subscribe to Tax Guru

Get updates delivered right to your inbox!

Thank you for your subscription

×