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Income Tax - Highlights / Catch Notes

Home Highlights July 2013 Year 2013 This

Disallowance qua interest free advances - CIT(A) deleted the ...


Court Reverses CIT(A) Decision Due to Lack of Evidence on Disallowance of Interest-Free Advances.

July 5, 2013

Case Laws     Income Tax     AT

Disallowance qua interest free advances - CIT(A) deleted the part addition - CIT(A) has accepted assessee's oral submissions which are not based on any material on record - additions restored - AT

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