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Income Tax - Highlights / Catch Notes

Home Highlights March 2014 Year 2014 This

Suppressed sale – Excess consumption of gold in manufacture - It ...


Assessee Faces Scrutiny for Gold Discrepancy in Documents, Highlighting Importance of Accurate Financial Records Under Tax Regulations.

March 22, 2014

Case Laws     Income Tax     HC

Suppressed sale – Excess consumption of gold in manufacture - It was simply a case where the assessee utterly failed to explain the considerable difference in the gold quantity in two sets of documents maintained by itself - HC

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