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Case Law Details

Case Name : Mystic Electronics Ltd. Vs DCIT (ITAT Mumbai)
Appeal Number : ITA No. 5867/Mum/2019
Date of Judgement/Order : 24/07/2023
Related Assessment Year : 2014-15
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Mystic Electronics Ltd. Vs DCIT (ITAT Mumbai)

ITAT Mumbai held that in case of company is involved in providing illicit LTCG/ short term capital loss (accommodation entries), a substantial addition has to be made in the hands of beneficiaries and

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