Rejection of Books of Account by AO on Grounds of Defect and Discrepancies: ITAT Upholds the Decision of CIT(A) [Read Order]

Rejection - Books of Account - Rejection of Books of Account - Rejection of Books of Account by AO - AO -CIT(A) - ITAT - taxscan

The Delhi Bench of Income Tax Appellate Tribunal (ITAT) held that there was defect and discrepencies in the books of account and thus upheld the decision of Commissioner of Income Tax (Appeals) [CIT(A)] in rejecting the books of account. The assessee in this case is Mukesh Kumar, during the assessment proceeding the Assessing Officer (AO)…

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