The ITAT Delhi upheld the deletion of a notional interest addition, affirming that hypothetical income cannot be taxed, as only actual income is subject to taxation.
Notional Interest Addition Deleted Because Only Real Income Can Be Taxed: ITAT Delhi
The ITAT Delhi upheld the deletion of a notional interest addition, affirming that hypothetical income cannot be taxed, as only actual income is subject to taxation.
Source:taxguru.in