Categories: BUSINESS

Rs 1.79 lakh ITR, Rs 11.22 crore tax addition; ITAT gives chance if he plants 500 trees

The Assessing Officer examined the taxpayer’s financial transactions and identified substantial cash deposits, unsecured loans running into crores and agricultural income of Rs 3 lakh that was not backed by supporting evidence.
Sumitra

Recent Posts

Trump touts Venezuela oil deal, says it will drive down energy prices worldwide

US President Donald Trump announced a major oil deal with Venezuela. This agreement covers sixty-five…

2 hours ago

Tata trustee objects to legal expenses as litigation looms

TEDT Won't Bear Cost For 'Created Disputes': Mehli Mistry

2 days ago

LPG Aadhaar rule from Oct 1: Authentication mandatory for these refills

Consumers who have not undergone BAA will not be stopped from receiving LPG cylinders. However,…

3 days ago