Disallowance by I.T. Dept. w.r.t. VAT Hawala Purchase Info

Krunal.J.Davda , Last updated: 29 March 2013  
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Date - 23/03/2013 IS IT FAIR TO DISALLOW PURCHASES BY THE I.T. DEPARTMENT, JUST ON THE BASIS OF HAWALA INFORMATION RECEIVED FROM THE SALES TAX DEPARTMENT? Recently the Income Tax Department is sending Show Cause Notices to many Assessees stating that their Purchases from some suspecte

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Published by

Krunal.J.Davda
(Practising Chartered Accountant)
Category Income Tax   Report

3 Likes   80877 Views

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