There Can Be No Protective Addition In Absence Of Substantive Addition: ITAT Delhi

In the case before the Income Tax Appellate Tribunal (ITAT) Delhi, the issue revolved around the assessment of an Assessee Firm, which had declared an income of Rs.12,220 during the relevant year. The firm was engaged in a wholesale scrap … Continue reading There Can Be No Protective Addition In Absence Of Substantive Addition: ITAT Delhi