Monday, September 22, 2014

[aaykarbhavan] Disallowance of bogus commission paid to agent in previous year could trigger reopening of cases of earlier years



Disallowance of bogus commission paid to agent in previous year could trigger reopening of cases of earlier years

September 22, 2014[2014] 49 taxmann.com 41 (Bombay)
IT : Where in a subsequent year procurement charges were disallowed as no services were found to have been rendered by agents, said fact would be an information for initiating reassessment proceeding of earlier years
 
Regards
Prarthana Jalan


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


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