Income Tax | Section 69 Has No Time Machine: ₹80 Lakh Paid Earlier Cannot Be Taxed in Registration Year

Jodhpur ITAT deletes ₹80 lakh Section 69 addition in AY 2019-20, holding the investment belonged to FY 2017-18, not the registration year. The post Section 69 Has No Time Machine: ₹80 Lakh Paid Earlier Cannot Be Taxed in Registration Year appeared first on TaxGuru .