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Income Tax - Highlights / Catch Notes

Home Highlights October 2013 Year 2013 This

Cash Credit - Addition u/s 68 - It is impossible to accept that ...

Case Laws     Income Tax

October 1, 2013

Cash Credit - Addition u/s 68 - It is impossible to accept that this transaction is genuine when the income tax returns show a meager amount of Rs.1.00 lakh and odd and how the creditors could advance huge sums of Rs. 5.00 lakhs each - HC

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