Kerala H.C : Where AO made addition to assessee’s income in respect of gold ornaments recovered from him after rejecting his explanation that it belonged to his employer company, in view of fact that director of employer company in his statement recorded under sec. 131 denied to have given ornaments to assessee for sale or as samples, impugned addition was to be confirmed
High Court Of Kerala Karun Dutt Singh Vs. CIT Section 69A Assessment Year : 2007-08 Antony Dominic And Dama Seshadri […]