Claim for deduction on account of land vacation compensation charges allowed without specific enquiry by the AO, the Ahmedabad bench of Income Tax Appellate Tribunal (ITAT) upheld the revisional order the Principal Commissioner of Income-tax, Ahmedabad-4, Ahmedabad [“PCIT”] dated 24.03.2020 passed under Section 263 of the Income-tax Act, 1961. The assessee was represented by Shri…
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