Corporate & Professional Updates 22nd March 2018
Direct Tax: Gujarat HC dismisses assessee’s writ, upholds reassessment initiated (beyond 4 years period) on the basis of information received from Investigation Wing of the Department for AY 2010-2011; [TS-123-HC-2018(GUJ)] Delhi ITAT dismisses Revenue’s appeal and deletes addition u/s 68 on assessee-company during AY 2006-07, holds that the entire assessment proceedings are vitiated because of non-service …