Addition on account of difference in purchases - Objection may ...

VAT Discrepancies: Purchase Returns Valid Despite Objections if Transaction Confirmed, No Evidence of Unaccounted Sales Found.

January 21, 2016

Case Laws Income Tax AT

Addition on account of difference in purchases - Objection may of VAT authorities if the VAT rules require actual movement but even in that situation, the claim of purchase return cannot be rejected when both parties are confirming and there is no evidence of sale outside books or closing stock - AT

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Addition on account of difference in purchases - Objection may ...

VAT Discrepancies: Purchase Returns Valid Despite Objections if Transaction Confirmed, No Evidence of Unaccounted Sales Found.

January 21, 2016

Case Laws Income Tax AT

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