deeming fiction

  • Income Tax

No concealment Penalty if assessee’s explanation not found false, but not accepted

No concealment Penalty if assessee’s explanation not found false, but not accepted on account of substantiation with solid evidences ABCAUS…

5 years ago
  • Income Tax

There is no deeming fiction u/s 28(va) to tax amount on receipt basis – ITAT

There is no deeming fiction u/s 28(va) to tax amount on receipt basis where sum accrued earlier following mercantile system…

5 years ago