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Income Tax - Highlights / Catch Notes

Home Highlights April 2019 Year 2019 This

Rectification u/s.254(2) - The present MA filed by the Revenue ...


Revenue's Motion for Rectification u/s 254(2) Dismissed; Requires Investigation of Undisclosed Transaction, Possible Corporate Veil Lift.

April 29, 2019

Case Laws     Income Tax     AT

Rectification u/s.254(2) - The present MA filed by the Revenue is devoid of any merit and is liable to be dismissed as without any basis and virtually seeking a review of the order of the Tribunal on a possible hidden transaction which requires examination after lifting the corporate veil.

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