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Income Tax - Highlights / Catch Notes

Home Highlights January 2021 Year 2021 This

Disallowance of various expenditures - CIT(A) considering the ...

Case Laws     Income Tax

January 4, 2021

Disallowance of various expenditures - CIT(A) considering the fact that assessee need to pay salary expenditure to employees, even though there is no business operations for the year has allowed 50% salary debited into profit and loss account . The assessee has failed to file any evidences to counter finding of fact recorded by the learned CIT(A) - AT

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