Assessee filing ITR under presumptive tax can’t be faulted for not giving details not mandated
August 6, 2026
Income Tax, ITAT
Assessee could not be faulted for showing only cash in hand and bank balance as capital following presumptive taxation when there was no mandate to provide particular set of information in ITR In a recent judgment, ITAT has held that when assesse had taken a recourse to filing …