The AO passed a rectification order while the core section 50C addition was pending fresh adjudication. ITAT ruled that such parallel adjudication leads to inconsistency and must be ...
The Tribunal held that when sales are not disputed, the entire value of alleged bogus purchases cannot be added under section 69C. Only the embedded profit element is ...
Thousands of tax refunds were suddenly put on hold. The message gave no reasons, no timelines. What is really going on inside ...
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