Disallowance u/s 40 (a) (ia) when books of accounts was rejected ...

Revenue Can't Disallow Deductions u/s 40(a)(ia) If Books Are Rejected and Profits Estimated.

August 20, 2019

Case Laws Income Tax HC

Disallowance u/s 40 (a) (ia) when books of accounts was rejected - if the profit is estimated on any ground, it is not open to the Revenue to assert any right to allow or disallow any deductions once the books of accounts are rejected, such an option would arise only in the event the books of accounts are accepted

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Disallowance u/s 40 (a) (ia) when books of accounts was rejected ...

Revenue Can't Disallow Deductions u/s 40(a)(ia) If Books Are Rejected and Profits Estimated.

August 20, 2019

Case Laws Income Tax HC

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