Amount Received from Sale of Khadi Yarn already added to Taxable Income: Delhi HC directs Re-adjudication to verify Additional Documents [Read Order]

Amount Received - Sale of Khadi Yarn - Taxable Income - Delhi HC - directs - Re-adjudication - verify Additional Documents - taxscan

In a significant case, the Delhi High  Court directed the Re-adjudication to verify additional documents amount received from the sale of khadi yarn already added to taxable income. RTPL Marketing Private Limited, the petitioner challenged the order passed under Section 148A(d) of the Income Tax Act, 1961 [“Act”]. The principal allegation against the petitioner is…

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