The Income Tax Appellate Tribunal (ITAT), Delhi Bench deleted the disallowance made under section 14A without recording satisfaction. The assessee, Shri Vinay Bhasin is an individual and advocate by profession. The return of income for the year under consideration, filed o declaring income of Rs.7,39,62,550, was selected for scrutiny assessment and statutory notices were issued […]
from Taxscan | Simplifying Tax Laws https://ift.tt/2FDQMb5
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