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Income Tax - Highlights / Catch Notes

Home Highlights March 2019 Year 2019 This

Disallowance u/s. 37(1) - expenses incurred for purchase of gift ...

Income Tax

March 12, 2019

Disallowance u/s. 37(1) - expenses incurred for purchase of gift items - assessee has failed to even disclose the identity of the recipient of gifts either during the assessment proceedings or during the appellate proceedings - additions confirmed.

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