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Income Tax - Highlights / Catch Notes

Home Highlights December 2022 Year 2022 This

Addition of the net benefit accruing to the assessee on account ...


Concurrent Findings by Authorities on Client Code Modification Profits Not to be Challenged Without Justifiable Reason or Irregularity.

December 15, 2022

Case Laws     Income Tax     AT

Addition of the net benefit accruing to the assessee on account of CCM - shifting of profit to loss - Client Code Modification (CCM) - It is settled principle of law that concurrent findings of the authorities cannot be interfered with without sufficient and just reason or any material irregularities in the finding being pointed out by other side. - AT

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