Tag Archives: sale

No Addition of Income on property transfer as Power of Attorney holder : ITAT

By | April 20, 2019

Mere recovery of POA from the possession of the assessee is not enough to estimate income against the assessee. The law is clear that POA is meant for doing the certain acts on behalf of the principal. It is also subject-matter of cancellation. Only certain acts which have been authorised by the POA could be… Read More »