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Sunday, June 4, 2017

Principle of consistency applicable to determine whether for 148 income has escaped assessment or not

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In the case of AVTEC Limited Vs. DCIT, Delhi High Court has held that- 1. Assessee is under no obligation to file the same document during assessment in each AY. The AO is to look at the litigation history of the assessee himself and cannot expect the assessee to inform him. 2. principle of consistency is […]

June 04, 2017 at 08:18AM

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from CA Sandeep Kanoi

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