Additions under Sections 68, 69D, 50CA, and 271D deleted as transactions were verified and recorded.
Additions under Sections 68, 69D, 50CA, and 271D deleted as transactions were verified and recorded. Issue Unsecured Loans (Section 68): Whether additions for unsecured loans under Section 68 can be sustained when the assessee provides PAN, audited financials, confirmations, bank statements, and evidence of repayment with interest after TDS. Ad-Hoc Disallowance of Contractual Payments (Section… Read More »