Friday, May 15, 2020

Misuse of Client Code Modification for Tax Evasion: ITAT upholds Addition [Read Order]

The Delhi bench of the Income Tax Appellate Tribunal (ITAT), in a matter involving misuse of client Code Modification, confirmed the addition against the assessee finding that the assessee could not prove the allegations of the tax department as wrong and could not substantiate the genuineness of the transactions with adequate proof. The assessment against […]

from Taxscan | Simplifying Tax Laws https://ift.tt/3cE1xpB

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