TMI BlogEstimated disallowance of discount to field staff and salary to staff to the tune of 15% of the expenses...Estimated disallowance of discount to field staff and salary to staff to the tune of 15% of the expenses made - AO neither passed order u/s 144 nor rejected books of accounts - disallowance based on estimation on suspicion and conjectures that the assessee may be inflating its expenses not permissible ..... X X X X Extracts X X X X X X X X Extracts X X X X
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