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Income Tax - Highlights / Catch Notes

Home Highlights November 2019 Year 2019 This

Rejecting the books of accounts u/s 145(3) - unaccounted sales - ...

Case Laws     Income Tax

November 20, 2019

Rejecting the books of accounts u/s 145(3) - unaccounted sales - When the income voluntarily offered to tax on the basis of material on record is far more than income, strictly speaking, legally justified on that basis, there cannot be any good reasons to make separate additions on the basis of the same material.

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