Land Owner cannot be Taxed for difference amount contained in Form 26AS and Profit and Loss Account: ITAT [Read Order]

The Income Tax Appellate Tribunal (ITAT), Chennai bench has recently held that in pursuance of a joint development business, the landowner cannot be subject to income tax for the difference amount contained in form 26AS and shown in Profit and Loss Account. The appellant firm is engaged in the business of real estate, filed The […]

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