HC directed Trial where burden to prove was on assessee that no wilful intention for not filing ITR By Anand Gupta TaxGuru

HC directed Trial where burden to prove was on assessee that no wilful intention for not filing ITR Raman Krishna Kumar Vs DCIT (Madras High Court) Conclusion: Since assessee had not filed the Income Tax Return instead of receiving substantial income in the form of salary and had also indulged in high end transactions with respect to purchase and sale of mutual funds and with respect to credit card transactions, therefore, High Court […]

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