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Income Tax - Highlights / Catch Notes

Home Highlights August 2013 Year 2013 This

Addition u/s 68 - Revnue have not asked the purchaser to prove ...

Case Laws     Income Tax

August 24, 2013

Addition u/s 68 - Revnue have not asked the purchaser to prove source of the source. The purchaser also in his statement explained the reasons for giving the advance in cash to the assessee because he was not maintaining bank account for the last ten years - no addition - AT

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