TMI BlogSale tax paid on sales return - allegation of bogus sales - allowable business loss - When the factum of...Sale tax paid on sales return - allegation of bogus sales - allowable business loss - When the factum of sales return has been proved in favour of the assessee and payment of sale tax by the assessee on the said fictitious sales is not disputed same has to allowable as business loss. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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