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Income Tax - Highlights / Catch Notes

Home Highlights September 2012 Year 2012 This

Ad-hoc addition - If the claim is bogus, the entire amount has ...


Income Tax Claims: Bogus Claims Disallowed, Legitimate Claims Fully Deductible, No Ad-Hoc Additions Allowed.

September 28, 2012

Case Laws     Income Tax     AT

Ad-hoc addition - If the claim is bogus, the entire amount has to be disallowed and if not bogus the whole amount should be allowed as deduction but no adhoc addition can be made on the basis of presumptions and surmises. - AT

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