Practice
40 Points
Posted on 27 January 2010
Hello Tax Experts,
in respect of a Private limited company, Assessing officer has passed assessment order u/s 144 for non-cooperation by assessee in a scrutiny assessment. Assessing officer has added loans given by directors to the company u/s 68 as income of the company. Assessee wants to appeal agianst the order. What could be the possible grounds of appeal?