ITAT: CIT(A) can't impose Rule 11UA when taxpayer 'substantiated' higher valuation u/s. 56(2)(viib) before AO


Conclusion

Delhi ITAT deletes enhancement made by CIT(A) for alleged excess share premium receipt u/s 56(2)(viib) for AY 2013-14; During relevant AY, assessee (an India Today group of company...

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