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Income Tax - Highlights / Catch Notes

Home Highlights October 2013 Year 2013 This

Genuineness of loan - Once the statement has been given by the ...


Court Rules Absence of Confirmation Letter Doesn't Invalidate Loan Genuineness If Statement Provided by Concerned Party.

October 31, 2013

Case Laws     Income Tax     HC

Genuineness of loan - Once the statement has been given by the party then merely because they have not given any confirmation letter, additions cannot be made - HC

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