TMI BlogHigh Court Rules in Favor of Assessee: AO's Failure to Verify Entries Invalidates Disallowance of Distribution Expenses.Distribution expenses disallowed - assessee is distributor of a mobile service provider - once the AO himself has failed to verify the entries, there is no reason to disallow the distribution expenses. - HC ..... X X X X Extracts X X X X X X X X Extracts X X X X
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