Unless AO possesses some evidences, demonstrating the fact that full value of the consideration disclosed by the assessee was incorrect,
Peak credit principle is applicable in a case where there is several credit and entries are found in one account.
If Settlement amount is excess than the amount claimed earlier or short settlement of claims of income from clients is
Central Board of Direct Taxes vide circular No. F.No. 225/195/2016/ITA.II dated 9th September 2016 extended the due date for the
Sufficient opportunity has not been given by the Ld. First Appellate Authority to the assessee for substantiating its claim before
“VIGILANTIBUS ET NON DORMIENTIBUS JURA SUB VENIUNT”, means the law assists those that are vigilant with their rights, and not