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Income Tax - Highlights / Catch Notes

Home Highlights October 2016 Year 2016 This

Disallowance of 5% paddy purchases - once the expenditure has ...

Case Laws     Income Tax

October 27, 2016

Disallowance of 5% paddy purchases - once the expenditure has been accepted as genuine, there is no reason for the A.O. to doubt the same for the purpose of allowing deduction against business income. - AT

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