No Addition shall be made towards Income  without Rejecting Books of Accounts: Delhi HC [Read Order]

In a landmark decision, the Delhi High Court ruled that the addition to income cannot be made without first rejecting the books of accounts. The bench therefore rejected the revenue's appeal file
Delhi High Court - Books of Accounts Rejection - Books of Accounts - taxscan

In a significant case the Delhi Court held addition should not be made towards the income without reacting to the books of accounts. Therefore the bench dismissed the appeal file dby the revenue. The respondent-assessee Forum Sales Pvt. Ltd is a company which deals in gift items and novelties, pet treat products, market survey and…

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