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Income Tax - Highlights / Catch Notes

Home Highlights January 2014 Year 2014 This

Rejection of books of accounts – Merely assuming that the buyer ...

Case Laws     Income Tax

January 24, 2014

Rejection of books of accounts – Merely assuming that the buyer and seller might have connived with each other, cannot itself be a ground to call upon the assessee to disprove such type of assumption which is even not based on any relevant incriminating evidence or fact on the file - AT

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