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Income Tax - Highlights / Catch Notes

Home Highlights September 2015 Year 2015 This

Rejection of books of account - trading addition - Assessee ...


Court Upholds Rejection of Incomplete Books, Emphasizes Need for Accurate Records to Avoid Unfavorable Tax Outcomes.

September 14, 2015

Case Laws     Income Tax     AT

Rejection of books of account - trading addition - Assessee cannot claim advantage of lesser addition by getting the books rejected year after year and avoiding the maintenance of proper books of accounts - AT

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