Disallowance on account of commission paid to 5 persons - ...

Court Rejects Presumption of Genuine Transactions Based on Partial Confirmation by Involved Parties.

April 23, 2021

Case Laws Income Tax AT

Disallowance on account of commission paid to 5 persons - Contention of the assessee that since out of the 5 ladies, 2 have confirmed the transactions, therefore by preponderance of probabilities it can be safely presumed that the transactions with other 3 ladies were also genuine is not acceptable. - AT

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Disallowance on account of commission paid to 5 persons - ...

Court Rejects Presumption of Genuine Transactions Based on Partial Confirmation by Involved Parties.

April 23, 2021

Case Laws Income Tax AT

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