The Patna Bench of the Income Tax Appellate Tribunal (ITAT) has set aside an addition of over Rs. 2.05 crore made under Section 69A read with Section 115BBE of the Income Tax Act, holding that income already offered to tax in one entity cannot be taxed again in another’s hands. The bench of Duvvuru RL…
Same Income Can’t Be Taxed Twice: ITAT Patna Quashes Rs. 2.05 Crore Addition
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Mariya Paliwalahttps://www.jurishour.in/
Mariya is the Senior Editor at Juris Hour. She has 5+ years of experience on covering tax litigation stories from the Supreme Court, High Courts and various tribunals including CESTAT, ITAT, NCLAT, NCLT, etc. Mariya graduated from MLSU Law College, Udaipur (Raj.) with B.A.LL.B. and also holds an LL.M. She started as a freelance tax reporter in the leading online legal news companies like LiveLaw & Taxscan.
