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AO cannot make additions on estimation basis without rejecting books of account: Madras HC

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  • AO cannot make additions on estimation basis without rejecting books of account: Madras HC
Posted onon August 17, 2017

Tenet Tax Daily August 16 2017

By tenettax-team
Corporate Tax

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No sec. 69C disallowance if payments were made through bank and were duly reflected in books of account
Lease agreement with own family shouldn’t be considered when it is made for tax evasion: Apex Court

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