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Income Tax - Highlights / Catch Notes

Home Highlights September 2018 Year 2018 This

Rejection of books of accounts - the assessee has not included ...


Assessee's Books Rejected for Omitting Cartage and Freight Costs, Resulting in Distorted Profits.

September 22, 2018

Case Laws     Income Tax     AT

Rejection of books of accounts - the assessee has not included expenses related to the cartage and freight in his books of accounts, by this it has distorted the correct figure of profit - rejection of books of accounts sustained.

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