Genuineness of expenditure - payment is as per the registered ...

Expenditure Validity Confirmed: No Cash Flow Statement Needed if Payment in Cash Book; Source Doubts u/s 69.

November 25, 2017

Case Laws Income Tax AT

Genuineness of expenditure - payment is as per the registered agreement which is a sale deed and there is no requirement of any cash flow statement when payment is from cash book maintained in the ordinary course of business. In fact addition for doubting source is to be made U/s 69 and not for the disallowance of expenditure

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Genuineness of expenditure - payment is as per the registered ...

Expenditure Validity Confirmed: No Cash Flow Statement Needed if Payment in Cash Book; Source Doubts u/s 69.

November 25, 2017

Case Laws Income Tax AT

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