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expenses by charitable society later on found bogus expense

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..... expenses by charitable society later on found bogus expense
Query (Issue) Started By: - sm surana Dated:- 18-11-2018 Last Reply Date:- 19-11-2018 Income Tax
Got 1 Reply
Income Tax
As per .....

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..... investigation it was found that some of the expenses claimed, by the charitable society as application of income,were not genuine. What is the fallout ? whether it will be reduced from the amount appl .....

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..... ied or will be added to income ? please guide and also quote the relevant court cases and section of the act also . thanks Reply By DR.MARIAPPAN GOVINDARAJAN: The Reply: It will be added to the inco .....

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..... me. If the amount is considerably large, reopening of assessment is possible.
Discussion Forum - Knowledge Sharing .....

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