No Addition can made on Account of Income received from sale of Scrap/Waste: ITAT [Read Order]

Account of Income received - Income received - sale of Scrap - Sale of Waste - ITAT - taxscan

The Delhi bench of Income Tax Appellate Tribunal (ITAT) has recently held that no addition could be made on account of income received from sale of scrap/Waste . Assessee New Delhi Export House is a partnership firm stated to be engaged in the business of manufacturing of ladies garments.After filing the return, AO framed assessment…

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