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Nisarg Associates , Mumbai vs Pcit Mumbai-20, Mumbai on 5 January, 2023

The reliance on Megatrends Inc. CIT (supra) decision is recalled by Hon'ble Madras High Court. Therefore, he submitted that the issue under consideration is debatable. He submitted that Assessing Officer merely issued a notice without collecting proper and meaningful information and completed the assessment without applying his mind or verification.
Income Tax Appellate Tribunal - Mumbai Cites 40 - Cited by 0 - Full Document
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