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Income Tax - Highlights / Catch Notes

Home Highlights March 2015 Year 2015 This

Fuel charges expenditure - entry was passed on one day and ...

Income Tax

March 25, 2015

Fuel charges expenditure - entry was passed on one day and assessee has issued different cheques, which seems to have been encashed on a single day in cash - Since AO did not enquire, nor CIT(A) considered it necessary to examine the genuineness of transactions, the claim of fuel charges should be enquired afresh - no disallowance - AT

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