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Income Tax - Highlights / Catch Notes

Home Highlights November 2013 Year 2013 This

Unaccounted investment – No search was carried out on the ...


Court Rules Unaccounted Investments Cannot Be Attributed Without Direct Search; Third-Party Evidence Insufficient for Financial Additions.

November 22, 2013

Case Laws     Income Tax     HC

Unaccounted investment – No search was carried out on the appellant. - The third person evidence cannot be base for addition on the basis of any entries therein. - HC

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