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Case Law Details

Case Name : Eklavya Estate Pvt. Ltd. Vs DCIT (ITAT Ranchi)
Related Assessment Year : 2018-19
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Eklavya Estate Pvt. Ltd. Vs DCIT (ITAT Ranchi)

The ITAT, Ranchi Bench, held that penalty u/s 270A is not leviable where income is determined purely on estimation basis. In this case (AY 2018-19), following a survey u/s 133A, the AO found no books and estimated income @

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