NFAC order should be a speaking one, with adjudication on submissions & laws relied upon
April 3, 2024
Income Tax, ITAT
NFAC order should be a speaking one, with adjudication on assessee’s submissions and applicability of laws therein – ITAT In a recent judgment, ITAT has laid down that order of NFAC should be a speaking one, with adjudication on assessee’s submissions and applicability of laws therein. The thought …