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Income Tax - Highlights / Catch Notes

Home Highlights August 2019 Year 2019 This

Disallowance based on third party information gathered by ...

Income Tax

August 26, 2019

Disallowance based on third party information gathered by Investigation Wing of the Department - AO denied opportunity of cross examination - High Court affirmed the order of the CIT and ITAT deleting the disallowance - on merits disallowance was based solely on third party information, which was not subjected to any further scrutiny - Petitions are dismissed

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