Protective assessment - Addition in the hands of the Assessee ...

Protective Addition Nullified for Assessee Firm After Substantive Addition Time-Barred; Lower Authorities' Order Set Aside.

September 21, 2023

Case Laws Income Tax AT

Protective assessment - Addition in the hands of the Assessee Firm on protective basis - since the substantive addition has not been survived on account of being time barred, consequently, the protective addition made in the hands of the assessee herein also will not survive, accordingly, we delete the protective addition by setting aside the order of the Lower Authorities. - AT

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Protective assessment - Addition in the hands of the Assessee ...

Protective Addition Nullified for Assessee Firm After Substantive Addition Time-Barred; Lower Authorities' Order Set Aside.

September 21, 2023

Case Laws Income Tax AT

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