39 results for “disallowance”+ Section 17(5)(d)clear
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Bench: :Smt. Annapurna Gupta & Shri Sunil Kumar Singh
5) The amount referred to in sub-section (4) shall be deemed to be amount of income under- reported for the preceding year in the following order— (a) the preceding year immediately before the year in which the receipt, deposit or investment appears, being the first preceding year; and (b) where the amount added or deducted in the first preceding