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Income Tax - Highlights / Catch Notes

Home Highlights February 2020 Year 2020 This

Disallowance on account of salary expenditure - failure of the ...

Case Laws     Income Tax

February 13, 2020

Disallowance on account of salary expenditure - failure of the assessee to furnish the relevant details and documents - the disallowance of 90% of the expenditure claimed by the assessee on account of salary and bonus as sustained by the ld. CIT(Appeals) is highly excessive and unreasonable.

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