Disallowance of alleged unverified purchases/expenditure - ...

Unverified Purchases Can't Be Dismissed Without Proof of Fraud; Supplier Non-Response Isn't Enough.

January 10, 2017

Case Laws Income Tax AT

Disallowance of alleged unverified purchases/expenditure - Absence of receipt of any reply from the suppliers cannot by itself demonstrate any bogus claim by the assessee unless any of the attendant facts bear out any bogus nature of the claim of expenditure by the assessee. - AT

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Disallowance of alleged unverified purchases/expenditure - ...

Unverified Purchases Can't Be Dismissed Without Proof of Fraud; Supplier Non-Response Isn't Enough.

January 10, 2017

Case Laws Income Tax AT

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