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Income Tax - Highlights / Catch Notes

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These are two different causes of action leading to addition ...


High Court Clarifies No Double Taxation in Income Additions u/ss 68 and 69; ITAT Missteps Highlighted.

October 28, 2016

Case Laws     Income Tax     HC

These are two different causes of action leading to addition against the income of two different persons u/s 68 and 69. There is as such no question of any double taxation. - Sorry to say that the tribunal (ITAT) has mixed up the matters - HC

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