CORPORATE AND PROFESSIONAL UPDATE SEPT 27, 2016
Professional Update For the Day: Direct Tax:- IT:ย Assessee has directly deposited cash in the supplierโs account and has produced the bills, no evasion of tax by claiming the bogus expenditure in cash –ย Arun Kumar Mondal Vs ITO, W-2(2), Burdwan (2016 (9) TMI 995 – ITAT Kolkata) SC modifies Karnataka HC order on the issue of …