TMI BlogAdvance with Sufficient Cash Balance Not Unexplained Income u/ss 68 or 69 of Income Tax Act.Addition su/s 68 / 69 - When the person who has given advance to the assessee, has sufficient cash balance in its books, the advance cannot be treated as unexplained income of the assessee. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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