Lack of Jurisdiction and Non-Application of Mind by AO: ITAT declared Reassessment Proceedings as invalid, deleted addition of Rs. 12.39 Cr done U/s 68 Let us have a Short Overview of the case wherein the ITAT declared Reassessment Proceedings as invalid and deleted Addition of Rs. 12,39,90,680/- done under section 68, as under: 1. Facts:…
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