Monday, September 23, 2019

AO rightly rejected books of account as assessee failed to justify weaving exp.: HC

INCOME TAX: Where assessee, woollen rug manufacturer, failed to prove genuineness of weaving charges and stock record was also not maintained, rejection of books of account of assessee and estimation of income on basis of past history was justified

from www.taxmann.com Latest Case Laws https://ift.tt/356b3OP
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