Wednesday, April 15, 2020

Addition can’t be sustained on the basis of Statements: ITAT [Read Order]

The Income Tax Appellate Tribunal – ITAT, Kolkata bench has held that an addition under section 68 of the Income Tax Act, 1961 cannot be sustained on the basis of the statements. The appellant, M/s. Modern Malleables Limited is engaged in the manufacturing and selling of overhead transmission and distribution line equipment, conductors and hardware […]

The post Addition can’t be sustained on the basis of Statements: ITAT [Read Order] appeared first on Taxscan | Simplifying Tax Laws.



from Taxscan | Simplifying Tax Laws https://ift.tt/2VdIk85

No comments:

Post a Comment