Interest- Others : Where during year assessee had made remitance to a foreign company of amounts invested in earlier years and hence, no taxability arose during year, notice issued under section 148 treating said remittance as unexplained investment , was to be declared as void ab initio – BCP V Singapore FVCI (P.) Ltd. v. Assistant Commissioner of Income-tax, Circle 1(1)(2) – [2024] 159 taxmann.com 63 (Delhi – Trib.)
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