Contrived loss allowed by ITAT on basis of material on records didn’t require any interference: HC

INCOME TAX : Where in block assessment proceedings Tribunal finding that assessee had already disclosed contrived loss by making necessary entries in its books of account, allowed assessee’s claim for deduction of same, order so passed did not require any interferenceINCOME TAX : Where in block assessment proceedings Tribunal finding that assessee had already disclosed contrived loss by making necessary entries in its books of account, allowed assessee’s claim for deduction of same, order so passed did not require any interferencewww.taxmann.com Latest Case LawsRead More

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