Audited Books cannot be rejected for Producing Photocopy of Bills instead of original

Blue Stampings & Forgings Ltd Vs DCIT (ITAT Delhi)

ITAT held that Assessing Officer is not justified in taking drastic action of rejection of books of account which are audited and are without any qualification solely on the basis of general remarks that photocopy of the bills have been produced instead of original bills. No specific instance has been provided in the order to appreciate as to how such delinquency on the part of the assessee has resulted in unreliability of books per se. Admitted

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