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Income Tax - Highlights / Catch Notes

Home Highlights September 2018 Year 2018 This

Ad-hoc disallowance at 10% on account of personal use - assessee ...

Income Tax

September 22, 2018

Ad-hoc disallowance at 10% on account of personal use - assessee filed books of accounts, vouchers and bank statements before Ld.AO. If Ld.AO was not satisfied with details filed by assessee, he could have pointed out at assessment stage itself. - No additions.

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