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Income Tax - Highlights / Catch Notes

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Rejection of books of account - the way in which the books of ...


Court Upholds Rejection of Appellant's Accounts for Inaccurate Entries, Unable to Verify Purchases, Sales, or Expenses.

April 23, 2015

Case Laws     Income Tax     AT

Rejection of books of account - the way in which the books of accounts the appellant had been written, it is impossible to either determine purchases or the sales or the expenses. The books are not amenable any sort of verification and the entries mentioned are wrong - rejection sustained - AT

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