[aaykarbhavan] Sum paid to unrelated party via banking route after deduction of tax at source couldn’t be treated as bogus

Sum paid to unrelated party via banking route after deduction of tax at source couldn't be treated as bogus

June 13, 2014[2014] 45 taxmann.com 361 (Gujarat)

IT: Where payment had been made through banking channels and tax was deducted at source and party was also not found to be related to assessee, Assessing Officer could not treat expense as bogus expense

 

Regards

Prarthana Jalan

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Posted by: Prarthana Jalan <prarthanajalan@ymail.com>

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