Bogus purchases - AO disallowed the web advertisement expenses ...
Court Confirms Disallowance of Web Ad Expenses and Software Depreciation Due to Lack of Proof and Bogus Purchases.
December 17, 2019
Case Laws Income Tax HC
Bogus purchases - AO disallowed the web advertisement expenses and the depreciation claimed by the respondent assessee in respect of software purchase - proof of actual use of software - reliance on the statement of accommodation entry provider - Assessee not able to prove its case - Additions confirmed.
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