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![Addition cannot be Made and Sustained by Invoking the Deeming Provision of Section 68 of the Income Tax Act: ITAT [Read Order] Addition cannot be Made and Sustained by Invoking the Deeming Provision of Section 68 of the Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Addition-Invoking-the-Deeming-Provision-Income-Tax-Act-ITAT-Income-Tax-Deeming-Provision-taxscan.jpg)
Addition cannot be Made and Sustained by Invoking the Deeming Provision of Section 68 of the Income Tax Act: ITAT [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal (ITAT) has held that the addition could not be made and sustained by invoking the deeming provision...