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Income Tax - Highlights / Catch Notes

Home Highlights May 2015 Year 2015 This

Books of account maintained by assessee in regular course of ...


Taxpayer's Business Books Accepted as Authentic Unless Proven Unreliable with Strong Evidence.

May 7, 2015

Case Laws     Income Tax     AT

Books of account maintained by assessee in regular course of business have to be treated as authentic unless there are strong evidence brought on record to show that entries made in the books of account are not reliable, hence, books of account have to be rejected - AT

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