Income Tax Addition of Rs 1.34 Crore Based on Search Material Quashed; ITAT Says Department Applied Wrong Section | Biz Flow Kit
Income Tax Addition of Rs 1.34 Crore Based on Search Material Quashed; ITAT Says Department Applied Wrong Section The ITAT Mumbai has allowed the appeals of Nanne Gulzar & Company for AYs 2017-18 and 2018-19 after holding that the reassessment proceedings initiated under Sections 147/148 were without jurisdiction, as the entire case was based on material…
