When the percentage of discounts to sales is consistent over the ...

Case Laws Income Tax

January 31, 2019

When the percentage of discounts to sales is consistent over the years then the ad-hoc disallowance is bad in law. Just because there are certain difficulty in verification of bills, the discounts cannot be restricted to the absolute figure of what amount was allowed in the immediately previous year.

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When the percentage of discounts to sales is consistent over the ...

Case Laws Income Tax

January 31, 2019

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