Addition on on account of alleged inflated expenses - It is not ...
Case Laws Income Tax
September 17, 2015
Addition on on account of alleged inflated expenses - It is not the case where the assessee has booked bogus expenditure to a non-existent entity. Therefore, keeping in view the object of the provisions of section 40A(3) of the Act and intention of the legislation, no addition can be made - AT
View Source