Disallowance of loss on trading in Mentha oil - sale below ...

Income Tax

August 29, 2023

Disallowance of loss on trading in Mentha oil - sale below market price - unrelated party transactions - The assessee has to arrange his business affair keeping in view the best interest of the business including retaining of the customers and AO cannot doubt the business transactions merely on ground that same is below the market price, without bringing on record any malafide in transactions - Additions deleted - AT

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Disallowance of loss on trading in Mentha oil - sale below ...

Income Tax

August 29, 2023

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