Addition on net profit on account of money receipts - sale of ...
Court Deletes Net Profit Addition Due to Insufficient Basis on Bogus Tenancy Flat Sale Proceeds.
November 1, 2015
Case Laws Income Tax AT
Addition on net profit on account of money receipts - sale of bogus tenancy flat - the addition was merely made on presumptive basis, which cannot stand on its legs, therefore, the addition was rightly deleted - AT
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