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Principal Commissioner of INC Versus Reliable Express

Addition on account of receipts not recorded in the books of accounts - Held that - Tribunal came to correct conclusion that the Commissioner, Income Tax (Appeal) has rightly granted part relief to the assessee as both the service and escort charges were shown separately in profit and loss account on net basis. - Dis-allowance out of certain expenses on the basis of certain discrepancies found therein - A.O. has disallowed a percentage of such expenses on the ground that most of these expenses h....... + More



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