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Income Tax - Highlights / Catch Notes

Home Highlights March 2015 Year 2015 This

Unexplained share capital - The sole basis for making addition ...

Case Laws     Income Tax

March 19, 2015

Unexplained share capital - The sole basis for making addition about these companies is the inspector report. No doubts have been raised by the Assessing Officer about the documents filed by the assessee-company. The inspector report as alleged above cannot be a basis for disbelieving the assessee's version. - AT

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