Assessing Officer made an addition in respect of investment in bonds/debentures as unexplained. On appeal, the Tribunal held that the investment was made from her daughter’s bank account, where she was a nominee. Addition was deleted.(AY. 2012-13)
S. 69: Unexplained investment-Bonds/Debenture-Investment was made from her daughter’s bank account, where she was a nominee-Addition was deleted.
Assessing Officer made an addition in respect of investment in bonds/debentures as unexplained. On appeal, the Tribunal held that the investment was made from her daughter’s bank account, where she was a nominee. Addition was deleted.(AY. 2012-13)
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