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Income Tax - Highlights / Catch Notes

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Disallowances of certain expenditure - Mere production of ledger ...


Expenditures Disallowed: Ledger Extracts Without Bills Insufficient Evidence for Tax Claims u/s 37.

May 3, 2017

Case Laws     Income Tax     AT

Disallowances of certain expenditure - Mere production of ledger extract without supporting bills and vouchers would not absolve the assessee from proving the genuineness of expenditure - AT

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