Disallowance of 5% paddy purchases - once the expenditure has ...

Court Rules 5% Disallowance of Paddy Purchases Unjust if Expenditure Proven Genuine for Business Tax Deductions.

October 27, 2016

Case Laws Income Tax AT

Disallowance of 5% paddy purchases - once the expenditure has been accepted as genuine, there is no reason for the A.O. to doubt the same for the purpose of allowing deduction against business income. - AT

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Disallowance of 5% paddy purchases - once the expenditure has ...

Court Rules 5% Disallowance of Paddy Purchases Unjust if Expenditure Proven Genuine for Business Tax Deductions.

October 27, 2016

Case Laws Income Tax AT

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