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Income Tax - Highlights / Catch Notes

Home Highlights August 2015 Year 2015 This

Unexplained investment in stock - assessee has merely given ...


Court Rejects Stock Statement for Unexplained Investment Addition Due to Reliance on Rough Estimates.

August 31, 2015

Case Laws     Income Tax     AT

Unexplained investment in stock - assessee has merely given statement of monthly stock on the basis of a rough estimate by incorporating monthly purchases and sales and, therefore, that statement cannot be made the basis of addition - AT

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