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Income Tax - Highlights / Catch Notes

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Rejection of books of account u/s 145 - audit report mentioning ...


Court Upholds Rejection of Books u/s 145 Due to Lack of Documentation, Despite Audit Findings on TDS.

September 25, 2012

Case Laws     Income Tax     AT

Rejection of books of account u/s 145 - audit report mentioning fact that there was no requirement for deduction of TDS on hire charges paid which was below the prescribed limit, cannot be accepted in the absence of books of account - AT

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