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Income Tax - Highlights / Catch Notes

Home Highlights August 2015 Year 2015 This

Addition of salary expenses - merely because few employees have ...


Salary Expenses Paid in Cash Cannot Be Disallowed Without Evidence of Fraud by the Assessing Officer.

August 7, 2015

Case Laws     Income Tax     AT

Addition of salary expenses - merely because few employees have been paid salary as cash cannot justify disallowance unless the AO is able to bring any adverse material to suggest that the claim of salary incurred by the assessee is bogus - AT

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