Can Profit Be Taxed Twice on the Same Bogus Purchase? 

When books of accounts are accepted, can the Assessing Officer still tax “profit” on alleged bogus purchases again?  In a recent decision, the ITAT Delhi...

Whether the delay of 304 days in filing the appeal deserved to be condoned in absence of any explanation or affidavit ? 

In the complex world of appellate tax litigation, time isn’t just a procedural formality it’s often the deciding factor between justice and finality.  The Income...

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