Difference in value of stock – Books of accounts prepared in ...

Court Prioritizes Business Records Over Bank Statements for Tax Discrepancies; Books of Accounts Presumed Truthful.

November 23, 2013

Case Laws Income Tax HC

Difference in value of stock – Books of accounts prepared in regular course of business have got presumption of truth whereas no such presumption is available to stock statement furnished to the bank for purpose of availing credit facilities - HC

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Difference in value of stock – Books of accounts prepared in ...

Court Prioritizes Business Records Over Bank Statements for Tax Discrepancies; Books of Accounts Presumed Truthful.

November 23, 2013

Case Laws Income Tax HC

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