Suppression in Net Sales assessable as “Business Income”, can’t be treated as Deemed Income u/s 68: ITAT

Clipped from: https://www.taxscan.in/suppression-in-net-sales-assessable-as-business-income-cant-be-treated-as-deemed-income-u-s-68-itat/169020/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Business%20Income Top Stories By Rasheela Basheer – On April 19, 2022 8:10 am The Income Tax Appellate Tribunal (ITAT), Delhi bench has held that the income surrendered

https://www.taxscan.in/assessing-officer-cannot-interfere-with-the-business-decisions-of-assessee-itat/169183/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Assessing%20Officer

Clipped from: https://www.taxscan.in/assessing-officer-cannot-interfere-with-the-business-decisions-of-assessee-itat/169183/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Assessing%20Officer Top Stories By Rasheela Basheer – On April 19, 2022 4:12 pm The Ahmedabad bench of the Income Tax Appellate Tribunal (ITAT) has held that the Assessing Officer