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ITAT: Outstanding Balances cannot be treated as ‘Bogus’ when Payment made through Banking Channels - (05 May 2022)

DIRECT TAXATION

Income Tax Appellate Tribunal (ITAT), Ahmedabad bench has observed that the outstanding balances cannot be suspected as bogus when the payments to parties were made through banking channel.

Tags : INCOME TAX APPELLATE TRIBUNAL   BOGUS PAYMENTS  

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