SC: Oraon Tribe Custom Doesn't Allow Uncle-In-Law to Adopt Niece's Husband as Ghar Damad  ||  Kerala HC Approves New Public Prosecutor Appointment Guidelines After a Minor Revision  ||  Rajasthan HC Clarifies Criminal Writ Petitions Have No Separate Constitutional Status  ||  Delhi HC Clarifies if Whatsapp Acknowledgment Can Make an Arbitral Award Binding  ||  Allahabad HC: Limitation Cannot be Extended Through Belated Representations or Letters  ||  Madras HC: Private Schools Fall Outside RTI but Must Disclose Fee Structure  ||  Bombay HC Orders Removal of AI-Made Deepfakes and Morphed Images of Preity Zinta  ||  P&H HC: BNSS Pre-Cognizance Hearing Doesn't Apply to Serious Fraud Investigation Office Cases  ||  Madras HC: Election Plea Becomes Infructuous After Assembly Term Ends, Barring Corruption  ||  Supreme Court: Banks Cannot Effectively Blacklist Lawyers by Placing Them on Caution Lists    

ITAT, Delhi Restricts Addition Only on Embedded Portion of Profit - (19 Apr 2022)

DIRECT TAXATION

Income Tax Appellate Tribunal, Delhi has observed that the addition due to mismatch amid the Books of Accounts and Form 26AS can be made only on the embedded profit portion.

Tags : INCOME TAX APPELLATE TRIBUNAL   BOOKS OF ACCOUNTS   FORM 26AS   EMBEDDED PROFIT PORTION  

Share :        

Disclaimer | Copyright 2026 - All Rights Reserved