ITAT Upholds Taxpayer Rights, Limits Section 148 Reassessments on Net Income: ITAT confirmed that income tax reassessments must be based on net taxable income, not gross sale proceeds. Notices issued ...
The ITAT Agra set aside the NFAC's order confirming a Rs. 22,01,000/− cash deposit addition, citing the NFAC's failure to follow earlier verification directions and admitting new legal grounds under ...
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