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Delhi Tribunal’s double relief: No tax on CCPS reclassification; no arbitrary switch from DCF to NAV can be made by AO September 24, 2026
Published in: TaxBuzz
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We are pleased to share with you a copy of our in-house publication – “TaxBuzz”, wherein we have analysed the recent ruling of the Delhi Bench of the Income Tax Appellate Tribunal in the case of Bright Lifecare Pvt. Ltd.
The Tribunal in the said ruling, has decided an important question relating to the interpretation and purport of section 56(2)(viib) of the Income Tax Act, 1961.
We trust that you will find this TaxBuzz informative and insightful. As always, we look forward to receiving your valuable feedback.
For any details and clarifications, please feel free to write to:
Mr. Aniket D Agrawal
Partner
[email protected]
Ms. Aditi Garg
Associate
[email protected]