Presumption u/s 132(4A)-No further proof of expenses recorded in books seized was required-HC
December 21, 2017
High Courts, Income Tax, Judgments
Presumption u/s 132(4A)-No further proof u/s 37 of expenses recorded in books seized was required as department failed to rebut presumption-High Court Prelude: Section 132(4A) provides for the presumption that where during the course of a search proceedings, any books of account, documents, money, bullion, jewellery or other …