ITAT remanded an Escapement of Income notice under section 148 of the Income Tax Act, 1961, due to 1190-day delay in filing the appeal, citing medical reasons
The Ahmedabad bench of the Income Tax Appellate Tribunal (ITAT) remanded an Escapement of Income notice under section 148 of the Income Tax Act, 1961, due to an 1190-day delay in filing the appeal, citing medical reasons. The assessee, involved in a contract of Rs. 10, 00, 000 or more with the Commodities Exchange, had…
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