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Income Tax - Highlights / Catch Notes

Home Highlights April 2015 Year 2015 This

Presumption as to assets, books of account, etc. - A per the ...


Assessee Must Explain Stock Source u/s 292C, Deemed Business Owner Responsibility.

April 28, 2015

Case Laws     Income Tax     AT

Presumption as to assets, books of account, etc. - A per the provision of section 292C, the assessee was liable to explain the source of the stock found in his premises as he was the owner of the business - AT

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