Expenses Recorded in Cash Book Subsequent to Survey not Bogus: ITAT [Read Order]

Expenses - Cash Book Subsequent to Survey - ITAT - Expenses Recorded in Cash Book -Expenses - Cash Book - taxscan

The Mumbai Bench of Income Tax Appellate Tribunal (ITAT) has held that the expenses recorded in cash books subsequent to survey operations were not bogus. The assessee Mehul Prakash Mehta was an individual, filed the return declaring income. The assessee was proprietor of Tirupati Enterprises and Trade In Logistics. During the course of survey proceedings,…

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