Section 115BBE doesn’t apply when matter doesn’t involve section 68, 69, 69A, 69B, 69C & 69D

Apcer Life Sciences India Limited Vs Assessing Officer (ITAT Mumbai) ITAT Mumbai held that addition u/s 115BBE of the Income Tax Act unsustainable as present case doesn’t involve invocation of any of the sections i.e. section 68, 69, 69A, 69B, 69C & 69D of the Income Tax Act. Facts- The assessee is a private limited company engaged in the business of pharma co-vigilance services and monitoring the effect of drug, medical review of lab and ECG data, global medical writing, etc. Vide the present appeal, the assessee has challenged the disallowance of Rs.40,91,032/- which is the delayed dep...