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Income Tax - Highlights / Catch Notes

Home Highlights January 2017 Year 2017 This

Disallowance of alleged unverified purchases/expenditure - ...

Case Laws     Income Tax

January 10, 2017

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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