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Income Tax - Highlights / Catch Notes

Home Highlights September 2013 Year 2013 This

Addition u/s 68 of the Income Tax Act - capital introduced by ...


Partner's Confirmed Capital Not Subject to Addition u/s 68 of Income Tax Act; No Extra Tax Levied.

September 23, 2013

Case Laws     Income Tax     AT

Addition u/s 68 of the Income Tax Act - capital introduced by the partner - the partner who introduced the capital has confirmed and owned the same – no addition - AT

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