The Income Tax Appellate Tribunal ( ITAT), Delhi has held that inability to meet the contractual obligation cannot be termed as an infraction of the law. The revenue authority filed an appeal before ITAT Delhi challenging the order passed by the learned Commissioner of Income Tax (Appeals)-6, Delhi in the case of M/s Mahavir Multi-trade […]
The post Inability to Meet the Contractual Obligation can’t be Termed as Infraction of Law: ITAT Delhi [Read Order] appeared first on Taxscan | Simplifying Tax Laws.
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