Addition is made on the ground that there is under-recovery of ...

Under-recovery of sale proceeds addressed; no revenue loss as income taxed by sister concern.

July 19, 2012

Case Laws Income Tax AT

Addition is made on the ground that there is under-recovery of sale proceeds on an inference that there is a sale – . There is no loss to the Revenue as one of the sister concerns has offered the income in question to tax - AT

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Addition is made on the ground that there is under-recovery of ...

Under-recovery of sale proceeds addressed; no revenue loss as income taxed by sister concern.

July 19, 2012

Case Laws Income Tax AT

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