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Income Tax - Highlights / Catch Notes

Home Highlights September 2015 Year 2015 This

Rejection of books of account merely for absence of stock ...


Assessing Officer Justified in Rejecting Books Due to Missing Stock Register and Unsatisfactory Explanation by Assessee.

September 11, 2015

Case Laws     Income Tax     HC

Rejection of books of account merely for absence of stock register - o satisfactory explanation had been furnished by the assessee for not maintaining the stock register. The rejection of books of account of the assessee by the Assessing Officer was, thus, justified. - HC

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