58 results for “section 68”+ Section 32(1)(ii)clear
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Bench: Dr. B.R.R. Kumar & Shri Yogesh Kumar U.S.
32,16,251/- to Nirmala Minerals i.e. as per books of accounts also the assessee has paid the royalty of Rs. 6,40,16,251/-. Since there is no difference in the royalty paid as per books of accounts and royalty payment appearing in form no 26AS, hence the addition of Rs. 1 lakh made by the AO is deleted