Business compulsions and expediency in making the cash purchases ...

Vague statements on cash purchases don't justify business needs or counter book entries in response to a show cause notice.

January 28, 2016

Case Laws Income Tax HC

Business compulsions and expediency in making the cash purchases - In the absence of any specific detail, the vague statements made in response to the show cause notice, cannot offset the entries made in the books of accounts. - HC

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Business compulsions and expediency in making the cash purchases ...

Vague statements on cash purchases don't justify business needs or counter book entries in response to a show cause notice.

January 28, 2016

Case Laws Income Tax HC

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