Disallowance of office expenses - inflation of expenditure ...

Case Laws Income Tax

May 21, 2015

Disallowance of office expenses - inflation of expenditure cannot be ruled out - Without maintaining any books or record, the assessee is claiming 60 per cent. as expenditure - AO has rightly restricted the expenditure to 40% of the gross receipts - AT

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Disallowance of office expenses - inflation of expenditure ...

Case Laws Income Tax

May 21, 2015

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