ITAT upholds Addition Due to Inadequate Maintenance of Books of Accounts [Read Order]

ITAT upholds Addition Due - Inadequate Maintenance of Books of Accounts - TAXSCAN

The Chennai Bench of the Income Tax Appellate Tribunal (ITAT) has recently upheld the addition due to inadequate maintenance of books of accounts. The assessee M/s. Sri Sivaram and Co was a partnership firm engaged in civil construction work and for the relevant assessment year 2016-17, it filed its return of income admitting total income…

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