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Tax Law| Loss In Pursuance To Penalty Is Not Available For Deduction Regardless Of Nature Of...
A Supreme Court Bench of Justice MR Shah and Justice MM Sundresh have allowed an appeal preferred by the Revenue Department, which challenged the...
Assessing Officer Cannot Make Addition In Respect Of Completed Assessment In Absence Of...
Considering the issue regarding the jurisdiction of Revenue Officers in case of completed assessment, the Supreme Court ruled that no addition is...