Rejection of books of accounts - the assessee is not maintaining ...
Court Upholds Rejection of Assessee's Books for Poor Stock Records, Citing Section 145(3) to Prevent Revenue Loss.
March 16, 2017
Case Laws Income Tax AT
Rejection of books of accounts - the assessee is not maintaining the proper books of account with regard to stock - to plug the leakage of revenue, certain disallowance is inevitable - the lower authorities are justified in rejecting the books of account of the assessee by invoking the provisions of Section 145(3) - AT
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