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Income Tax - Highlights / Catch Notes

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Addition made in respect of rent paid for flat - Assessee has ...

Income Tax

May 12, 2023

Addition made in respect of rent paid for flat - Assessee has paid rent to Director of the assessee who is a person specified u/s. 40A(2)(b) - assessee has not been able to give any concrete evidence differentiating the two flats in terms of area or other amenities and thus upheld the disallowance made by the ld. AO. - Additions confirmed - AT

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