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Income Tax - Highlights / Catch Notes

Home Highlights May 2018 Year 2018 This

Addition on account of materials purchased - bogus purchases - ...


Income Added for Bogus Material Purchases; Section 194C Not Applicable Due to Direct Labor Payments by Assessee.

May 23, 2018

Case Laws     Income Tax     AT

Addition on account of materials purchased - bogus purchases - It is a fact that the labours are paid by the assessee directly and not through contract or sub-contract. Therefore section 194C of the Act is not attracted. - AT

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