Rejection of books due to admission of assessee being bogus accommodation entry provider is quiet correct - ITAT In the…
No disallowance for bogus purchase when there is one to one reconciliation of purchase with sales - ITAT ABACUS Case…
Rejection of books of accounts for non maintenance of stock register or incorrect valuation method or non compliance with accounting…
Rejecting books of accounts duly audited by CA u/s 44AB on the basis of presumptions without making any investigation is…
Rejection of books of account for failure to file confirmation from parties not justified. Rejection of a particular expenditure no…
Rejection of books of account for non inclusion of freight and cartage in the value of the closing stock had…
Rejection of account books for not producing vouchers quashed. The High Court held that mere absence thereof did not give rise…
If accounts are audited AO has to explain the rejection of profit with sufficient clarity. When there are audited accounts…
Income cannot be estimated without rejection of books of account. ITAT quashed revision order passed u/s 263 enhancing net profit…