Income Tax Dept has no power to scrutinize Sales Tax Return accepted by Commercial Tax Department: ITAT deletes addition [Read Order]

By Aparna. M - On August 23, 2023 8:00 am - 2 mins read
Income Tax Dept - power to scrutinize Sales Tax Return - Commercial Tax Department - ITAT - TAXSCAN

The Income Tax Appellate Tribunal (ITAT) Chennai  bench held that the Income Tax Department had no power to scrutinize Sales Tax Returns accepted by the commercial tax department . Therefore the bench deleted the addition made by the assessing officer on account  of valuation of stock. Assessee ,Aruljothi Exports Private Limited is  a resident corporate…

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