https://www.taxtmi.com/highlights?id=48746 Disallowance u/s 40 (a) (ia) when books of accounts was rejected - if the profit is estimated on any ground, it is not open to the Revenue to assert any right to allow or disallow any deductions once the books of accounts are rejected, such an option would arise only in the event the books of accounts are accepted en-us Tue, 20 Aug 2019 08:35:29 +0530 Tue, 20 Aug 2019 08:35:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=48746 Disallowance u/s 40 (a) (ia) when books of accounts was rejected - if the profit is estimated on any ground, it is not open to the Revenue to assert any right to allow or disallow any deductions once the books of accounts are rejected, such an option would arise only in the event the books of accounts are accepted Highlights Income Tax Tue, 20 Aug 2019 08:35:29 +0530 https://www.taxtmi.com/highlights?id=48746