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Income Tax - Highlights / Catch Notes

Home Highlights November 2015 Year 2015 This

Accommodation entries - Once the sales have been accepted, there ...

November 27, 2015

Case Laws     Income Tax     AT

Accommodation entries - Once the sales have been accepted, there must be purchases - total purchases cannot be disallowed. AO directed to restrict the addition to the extent of 10% of the purchases - AT

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