US oil and gas drilling rig activity increased this week with the addition of 7 rigs, bringing the total working rigs to 549. This week’s count, however, is down 38 rigs from the comparable period a ...
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Deletion of addition u/s. 69A by CIT(A) is contrary to material on record: AO directed to reconsider
ITAT Hyderabad held that reasoning given by CIT(A) for deletion of addition made u/s. 69A of the Income Tax Act by Assessing Officer towards cash payment is contrary to material on record and cannot ...
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