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Income Tax - Highlights / Catch Notes

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Disallowance of expenses - The only ground on which the AO has ...

Income Tax

July 29, 2015

Disallowance of expenses - The only ground on which the AO has disallowed is that at the time of inspection, very few of the employees of the contractor were present at the premises. The contention of the assessee that the time of inspection was 6 PM is not rebutted by the department - expenditure allowed - AT

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