February 24, 2026 : The Mumbai Bench of the Income Tax Appellate Tribunal has held that even if purchase transactions are found to be accommodation entries, the entire purchase amount cannot be treated as unexplained expenditure under Section 69C of Read more…
Tag: Income Tax reassessment
News Citation : 2026 LN (HC) 91 | 2026:CGHC:44 January 02, 2026 : The Chhattisgarh High Court at Bilaspur has declined to interfere with income tax reassessment proceedings initiated against Raipur-based assessee Shyam Hari Gupta, holding that challenges to the Read more…