No Addition can be Made if AO Failed to Discharge Secondary Onus of Disproving Documentary Evidences Filed by Assessee : ITAT Deletes Income Tax Addition

Documentary Evidences Filed by Assessee - ITAT Deletes Income Tax Addition - Income Tax Addition -Documentary Evidences - taxscan

The Delhi bench of Income Tax Appellate Tribunal (ITAT) held that the Assessing Officer (AO),  has failed to discharge the secondary onus of demolishing/disproving the genuineness of the documentary evidences filed by the Assessee and thus addition made under Section 68 of the Income Tax Act,1961 which was sustained by the Commissioner of Income Tax…

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