Section 258 of ITA, 1961 : Section 258: Power Of High Court Or Supreme Court To Require Statement To Be Amended
ITA, 1961
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Explanation using Example
Imagine a scenario where a company, XYZ Pvt. Ltd., has a dispute over the calculation of its income tax liability. The dispute reaches the Income Tax Appellate Tribunal (ITAT), which makes a decision. However, the company is not satisfied with the ITAT's decision and appeals to the High Court.
Upon reviewing the case, the High Court finds that the information...
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