TMI BlogCIT Misinterprets Assessee's Balance Sheet, Overlooks Loan Liability, Impacts Net Wealth Calculation for Tax Purposes.Reduction of debt for working out the net wealth of assessee - CIT has misunderstood from the balance-sheet filed by assessee that there is no loan liability on the said land & building of assessee. - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
|