Addition u/s 68 - assessee company, during the year under ...

Unsecured Loan from Director Already Assessed; Avoiding Double Taxation for Company.

November 1, 2023

Case Laws Income Tax AT

Addition u/s 68 - assessee company, during the year under consideration, unsecured loan had been taken by the company from The Director of the company - Since the amount has already assessed in the hands of the company, additions in the hands of company would be tantamount to double taxation. - AT

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Addition u/s 68 - assessee company, during the year under ...

Unsecured Loan from Director Already Assessed; Avoiding Double Taxation for Company.

November 1, 2023

Case Laws Income Tax AT

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