US EditionPublished • loading... • Updated
Mere Re-Classification of Loss Nature Can’t be Considered as Under-Reporting of Income: ITAT
Summary by studycafe.in
This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.1 Articles
1 Articles
Mere Re-Classification of Loss Nature Can’t be Considered as Under-Reporting of Income: ITAT
Mere Re-Classification of Loss Nature Can’t be Considered as Under-Reporting of Income: ITAT The Income Tax Appellate Tribunal (ITAT), Mumbai, deleted a penalty under section 270A, ruling that just a reclassification of loss does not mean the assessee has under-reported their income. The assessee, Glorishine Impex Pvt. Ltd., filed its income tax return (ITR) for […]
Coverage Details
Total News Sources1
Leaning Left0Leaning Right0Center0Last UpdatedBias DistributionNo sources with tracked biases.
Bias Distribution
- There is no tracked Bias information for the sources covering this story.
Factuality
To view factuality data please Upgrade to Premium
