Reopening of assessment u/s 148 - siphoning of profits of the ...

Section 148 Assessment Reopening: Dismissal of Revenue's Claim on Commission Siphoning Allegations in Firm's Profit Case.

June 25, 2021

Case Laws Income Tax AT

Reopening of assessment u/s 148 - siphoning of profits of the firm - Amply clear that the plea of the Revenue that though the commission was initially paid to the agents through banking channels, it was received back in cash to be paid to the doctors, falls to ground - AT

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Reopening of assessment u/s 148 - siphoning of profits of the ...

Section 148 Assessment Reopening: Dismissal of Revenue's Claim on Commission Siphoning Allegations in Firm's Profit Case.

June 25, 2021

Case Laws Income Tax AT

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