Genuineness of expenditure - The assessee has neither ...

Case Laws Income Tax

July 13, 2016

Genuineness of expenditure - The assessee has neither demonstrated the necessity to incur this expenditure to establish bonafide nor has demonstrated the actual expenditure incurred. Notwithstanding, the aforesaid claim in the nature of revenue expenditure when the project itself has apparently not commenced cannot be approved - AT

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Genuineness of expenditure - The assessee has neither ...

Case Laws Income Tax

July 13, 2016

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