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![Addition for Unexplained Expenditure is not mandatory even if no Explanation is offered or it is found to be Unsatisfactory: HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2016/08/Expenditures-TAXSCAN.jpg "Addition for Unexplained Expenditure is not mandatory even if no Explanation is offered or it is found to be Unsatisfactory: HC [Read Judgment]")
Addition for Unexplained Expenditure is not mandatory even if no Explanation is offered or it is found to be Unsatisfactory: HC [Read Judgment]
A division bench of the Allahabad High Court, in Pr. Commissioner Of Income Tax, Varanasi v. Late Rama Shankar Yadav, held that addition in respect of...
![Failure to Produce the dealers would not make the Entire Purchases ‘Bogus’ for the purpose of sec 69A: ITAT Mumbai [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/10/ITAT-Ahmedabad.jpg "Failure to Produce the dealers would not make the Entire Purchases ‘Bogus’ for the purpose of sec 69A: ITAT Mumbai [Read Order]")
