Addition u/s 68 - unproved trade / sundry creditors - There is ...

Case Laws Income Tax

January 17, 2020

Addition u/s 68 - unproved trade / sundry creditors - There is no justification for making the addition of advances received from the customers without taking into consideration the respective sales. Having accepted the sales account, there is no case for making the addition of the same amount representing advances from the customers.

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Addition u/s 68 - unproved trade / sundry creditors - There is ...

Case Laws Income Tax

January 17, 2020

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