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Income Tax - Highlights / Catch Notes

Home Highlights August 2012 Year 2012 This

Addition made on account of liquor trade - it was only on the ...


Assessing Officer Adds Income Based on Rough Ledger Notations Without Substantive Evidence in Liquor Trade Case.

August 6, 2012

Case Laws     Income Tax     AT

Addition made on account of liquor trade - it was only on the basis of noting in a rough ledger that the Assessing Officer has jumped to the conclusion that the assessee has earned this much of profit - AT

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