15 December 2007
A Assessee has disallowance under section 40a(ia) of the income tax and Rs. 50lacs has been added to the income and demand notice has been issued.how can I take relief from the above? is there any judicial pronouncements providing shelter from this section.Please mention
17 December 2007
Please provide the relevant para of Assessment Order .........you may hide the names etc .............then only a proper respose can be made.......