Sale tax paid on sales return - allegation of bogus sales - ...

Court Rules Sales Tax on Fictitious Sales Returns Qualify as Business Loss When Proven in Favor of Taxpayer.

March 8, 2019

Case Laws Income Tax AT

Sale tax paid on sales return - allegation of bogus sales - allowable business loss - When the factum of sales return has been proved in favour of the assessee and payment of sale tax by the assessee on the said fictitious sales is not disputed same has to allowable as business loss.

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Sale tax paid on sales return - allegation of bogus sales - ...

Court Rules Sales Tax on Fictitious Sales Returns Qualify as Business Loss When Proven in Favor of Taxpayer.

March 8, 2019

Case Laws Income Tax AT

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