Thursday, June 28, 2018

Section 68 Addition can’t be confirmed for Mere Non-Production of Director of Share Holder Company: ITAT

The Delhi Bench of the Income Tax Appellate Tribunal ( ITAT ) in the case of Moti Adhesives P. Ltd. v. ITO by the order dated June 25, 2018 holding in favor of the assessee ordered that mere non production of Director of said Share Holder company cannot justify adverse inference under Section 68 of […]

The post Section 68 Addition can’t be confirmed for Mere Non-Production of Director of Share Holder Company: ITAT appeared first on Taxscan | Simplifying Tax Laws.



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