Unexplained deposits - the amount was repaid by the assessee ...
Assessee's repayment of unexplained deposits accepted; no issue with CIT (A)'s order due to creditor's creditworthiness.
June 27, 2013
Case Laws Income Tax AT
Unexplained deposits - the amount was repaid by the assessee through cheque. - there being no doubt with regard to creditworthiness, the creditor being an Income-tax assessee, there is no infirmity in the order of the CIT (A) - AT
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