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Income Tax - Highlights / Catch Notes

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Genuineness of the purchases and total cost incurred towards the ...


Court Rules Tax Additions Must Be Based on Verified Facts, Not Assumptions, in Construction Cost Cases.

October 24, 2017

Case Laws     Income Tax     AT

Genuineness of the purchases and total cost incurred towards the construction - on the basis of such half baked facts addition cannot be made on mere presumption and surmises.

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