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Income Tax - Highlights / Catch Notes

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Rejection of Books of Account - The Assessing Officer was unable ...

Income Tax

October 5, 2015

Rejection of Books of Account - The Assessing Officer was unable to pinpoint as to any specific defect noticed during course of the proceedings except that the Books of Account were rejected on certain discrepancies. It was for the AO to come out clearly as to the basis for rejection of the Book of Accounts - HC

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