Addition of general expenses being 10% of the general expenses - ...
Tax Authority Disallows 10% of Company Expenses Due to Lack of Documentation and Bills for General Costs.
June 4, 2016
Case Laws Income Tax AT
Addition of general expenses being 10% of the general expenses - failure of the assessee company to produce the documentary evidences, bills etc. - the disallowance of 10% of general expenses is quite reasonable - AT
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