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Meagre Control Over Companies Transacting In Penny Stock Is No Basis To Question Source Of Source Of Income: Delhi ITAT

On not finding any substance in the conclusion of AO that the source of source of income is tainted, the Delhi ITAT confirms the deletion of addition made u/s 68 of Income Tax Act.The Bench comprising. ....

Narendra Kumar Billaiya , Counsel For Appellant Department , Income Tax , Anubhav Sharma , Judicial Member , Accountant Member , Limited Scrutiny , Delhi Itat , Eletion Of Addition , Ection 68 Of Income Tax Act ,

Promissory Notes - Banking & Finance Insights, Volume 2, Issue 10 | Spilman Thomas & Battle, PLLC

Virtually All PPP Loans have been Forgiven with Limited Scrutiny - "More than two years later, the overwhelming majority of these loans have transformed into government. ....

Paycheck Protection Program , Small Business Administration , Virtually All , Limited Scrutiny ,