The Income Tax Appellate Tribunal (ITAT), Delhi bench has held that if the Assessee do not challenge a protective addition by fileing an appeal, it becomes a substantive addition. Two assessees, NHPL and NDPL are companies in Nirala Group, engaged with the business of real estate.. Assessments were passed aginst the assessees after a search […]
The post Protective Addition becomes Substantive If No Appeal filed: ITAT [Read Order] appeared first on Taxscan | Simplifying Tax Laws.
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