Tax Authorities Reject Assessees' Books u/s 145(3) for Unverified Large Cash Transactions in Silver Sale.

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....Rejection of Book u/s 145(3) - cash sale of silver - It was obligatory on the Assessees to satisfactorily account for the creditworthiness, identity and genuineness of the transactions of the so-called providers of such cash to each of them in such huge sums - Plainly this was not forthcoming and the AO rightly therefore disregarded the accounts of both Assessees u/s 145 (3)....