Unexplained money addition under Section 69A is invalid based on prior search material and retracted uncorroborated statement
Unexplained money addition under Section 69A is invalid based on prior search material and retracted uncorroborated statement Issue Whether an addition under Section 69A towards cash used for advancing loans and interest earned as unexplained money can be sustained when it relies on search material predating the relevant financial year and a survey statement that… Read More »