Mumbai ITAT Strikes Down Section 68 Additions Based Solely on Entry Operator Statement: A Strong Reaffirmation of Law and Natural Justice In a significant and taxpayer-friendly ruling, the Hon’ble Mumbai Income Tax Appellate Tribunal (ITAT) has once again drawn a clear line between documented genuine transactions and additions based on suspicion and third-party statements. In Nandkshore Telefilms & Media Pvt….
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