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Income Tax - Highlights / Catch Notes

Home Highlights July 2014 Year 2014 This

Addition u/s 69C – Unexplained expenditure - only because ...


Unexplained expenditure u/s 69C can't be justified by different accounting treatments; no suppression implied.

July 7, 2014

Case Laws     Income Tax     AT

Addition u/s 69C – Unexplained expenditure - only because parties has given a different accounting treatment in its books of account, it cannot be said that the assessee has 'suppressed the expenditure - AT

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