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Income Tax - Highlights / Catch Notes

Home Highlights July 2020 Year 2020 This

Disallowance of job work expenses - there is a direct relation ...

Income Tax

July 20, 2020

Disallowance of job work expenses - there is a direct relation between the amount of sales viz a viz the job work charges incurred by the assessee, therefore such turnover cannot be achieved without incurring the job work expenses. - there cannot be any disallowance of the job work expenses as alleged by the AO.

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