Corporate and Professional updates 20th March 2018
Direct Tax: 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 of notice u/s 143(2) within the period of limitation by the AO having jurisdiction over the case of the assessee; [TS-120-ITAT-2018( DEL)] Mumbai ITAT allows deduction u/s. 37 …