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Income Tax - Highlights / Catch Notes

Home Highlights November 2013 Year 2013 This

Undisclosed income (investment) – Affidavits were nothing but ...


Court Rules Affidavits Insufficient in Tax Case Due to Lack of Independent Evidence on Undisclosed Investment Income.

November 2, 2013

Case Laws     Income Tax     AT

Undisclosed income (investment) – Affidavits were nothing but self serving document hence cannot be relied upon in tax proceedings specially when there is no independent corroborative evidence - AT

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