Rejection of Books of Account - The Assessing Officer was unable ...
Assessing Officer Rejects Books of Account Without Identifying Specific Defects, Fails to Articulate Clear Basis for Rejection.
October 5, 2015
Case Laws Income Tax HC
Rejection of Books of Account - The Assessing Officer was unable to pinpoint as to any specific defect noticed during course of the proceedings except that the Books of Account were rejected on certain discrepancies. It was for the AO to come out clearly as to the basis for rejection of the Book of Accounts - HC
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