Addition on account of income siphoned out - benefit of section ...

Income Tax

December 14, 2015

Addition on account of income siphoned out - benefit of section 10(23C)(iiiad) denied - AO just based his findings on the outflow without examining its ultimate use and its accounting done by the assessee. - benefit of exemption cannot be denied - AT

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Addition on account of income siphoned out - benefit of section ...

Income Tax

December 14, 2015

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