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Income Tax - Highlights / Catch Notes

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Impugned assessment order set aside by HC. Matter remitted back ...


Tax authorities to reassess salary expenses afresh without relying on earlier audit report.

January 9, 2025

Case Laws     Income Tax     HC

Impugned assessment order set aside by HC. Matter remitted back to pass fresh order independently without relying on special audit report u/s 142(2A) for earlier years. Disallowance of entire salary expenses found unsustainable. Authorities to decide afresh in accordance with law.

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