The Delhi High Court has affirmed the decision of the Income Tax Appellate Tribunal (ITAT) and stated that it was not necessary to establish or explicitly state the commercial expediency of a loan transaction for each subsequent year, following its initiation in a specific assessment year. The High Court allowed the condonation of delay of…
Taxscan Premium
Why should you subscribe?
- Enjoy our website without interruptions from advertisements
- Receive Daily newsletters
- Receive realtime Telegram/Whatsapp news updates
- Download original Judgements / Order / Notifications / Circulars, etc
- Enjoy exclusive entry fees to Simplified series. (Webinars, Seminars, masterclasses, etc.)
₹1199 + GST for 1 year
Subscribe Now
Already Subscribed?
Login Now