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![No Defective Notice Can be Issued by CPC If Business Receipt is Less than Threshold Limit Prescribed u/s 44AB of Income Tax Act: ITAT [Read Order] No Defective Notice Can be Issued by CPC If Business Receipt is Less than Threshold Limit Prescribed u/s 44AB of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/No-Defective-Notice-Defective-Notice-No-Defective-Notice-Can-be-Issued-by-CPC-CPC-taxscan.jpg)
No Defective Notice Can be Issued by CPC If Business Receipt is Less than Threshold Limit Prescribed u/s 44AB of Income Tax Act: ITAT [Read Order]
The Mumbai Bench of Income Tax Appellate Tribunal (ITAT) held that the gross business receipts was less than the threshold limit of Rs.1.00 crore...