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Income Tax - Highlights / Catch Notes

Home Highlights March 2014 Year 2014 This

Unexplained opening balance – The opening balance of cash cannot ...


Opening Cash Balance in Assessment Year Not Automatically Unexplained for Tax Purposes, Requires Evidence.

March 24, 2014

Case Laws     Income Tax     AT

Unexplained opening balance – The opening balance of cash cannot be treated as unexplained in the assessment year - AT

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