Can Loose Papers Alone Create a ₹90 Lakh Tax Liability? Mumbai ITAT Says No   Third-Party Scribbles Cannot Replace Evidence, Rules Tribunal. The Income Tax Department often relies on information unearthed during search operations to reopen assessments of various taxpayers. But can a person’s tax liability be determined merely on the basis of loose sheets…

The post Can Loose Papers Alone Create a ₹90 Lakh Tax Liability? Mumbai ITAT Says No appeared first on The Tax Talk.

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