India -

Unexplained Investment Admitted During Survey But Not Declared in Return Taxable Under S.69 & S.115BBE: ITAT Allahabad

ITAT Upholds Penal Tax on Undisclosed Property Investment Despite Later Payment; Allows Depreciation on Rental Income Treated as Business Allahabad:The Income Tax Appellate Tribunal (ITAT), Allahabad Bench, comprising Sh.Subhash Malguria(Judicial Member) and Sh. Nikhil Choudhary (Accountant M...

05 May 2025