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Income Tax - Highlights / Catch Notes

Home Highlights January 2021 Year 2021 This

Addition for commission earned on the bogus sales - Sales cannot ...

Case Laws     Income Tax

January 20, 2021

Addition for commission earned on the bogus sales - Sales cannot be correct and bogus at the same time. - This follows the common law maxim of approbate and reprobate. When the addition has already been deleted by us on merits, in our considered opinion the challenge to addition on other aspects are now only of academic interest. Hence we are not engaging in to the same. - AT

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