3 results for “capital gains”+ Unexplained Moneyclear
Sorted by relevance
In the result, the Revenues’ appeal is dismissed in terms of the foregoing
Bench: Shri N.R.S. Ganesan & Shri Sanjay Arora
unexplained credit u/s. 68 for want of necessary satisfaction toward the creditworthiness of the creditors. 2.2 In appeal, the assessee furnished the source of each of the several sums comprising the impugned credits in a tabular form, stating their sources as the refund of the amounts advanced earlier by the creditors to different firms/persons, viz. Jai Mata Di Arts