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Income Tax - Highlights / Catch Notes

Home Highlights October 2019 Year 2019 This

Suppression of production/sales - the books of accounts cannot ...

Case Laws     Income Tax

October 30, 2019

Suppression of production/sales - the books of accounts cannot be rejected if the assessee does not maintain the stock registers until and unless it is coupled with other defects such as sales/ purchase outside the books of accounts. But in the instant case, there was no such conclusive finding by the AO.

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