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Income Tax - Highlights / Catch Notes

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Disallowance of advance given to employees being written–off - ...

Income Tax

January 20, 2018

Disallowance of advance given to employees being written–off - Except furnishing the name of some persons with amounts written against their names no other details or supporting evidence have been produced by the assessee to demonstrate advancement of money to the concerned persons. No supporting bills / vouchers have been produced - additions confirmed - AT

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