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Case Law Details

Case Name : ITO Vs Kamalesh Mohandas Lakhwani (ITAT Mumbai)
Related Assessment Year : 2012-13
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ITO Vs Kamalesh Mohandas Lakhwani (ITAT Mumbai)

The Income Tax Appellate Tribunal (ITAT) Mumbai recently delivered a significant ruling in the case of ITO vs Kamalesh Mohandas Lakhwani. This case questioned the validity of additions under Section 69B of the Income Tax Act, based solely on suspicious information. Here, we offer a detailed subheading-wise analysis of the case, scrutinizing every aspect to give you a well-rounded understanding.

Detailed Analysis

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