AO cannot treat section 153D as pari-materia to section 148 mechanism: ITAT Cochin

ABC Sales Corporation Vs ITO (ITAT Cochin)

ITAT Cochin held that treating section 153D of the Income Tax Act as pari-materia to section 148 mechanism without any such indication in the Act is unjustified and hence matter remanded back to CIT(A).

Facts- Apart from various other issues; the assessee had argued in t

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