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Income Tax - Highlights / Catch Notes

Home Highlights December 2015 Year 2015 This

Additions of Bank deposits made u/s 68 - Once it is held that ...

Case Laws     Income Tax

December 28, 2015

Additions of Bank deposits made u/s 68 - Once it is held that the impugned deposits may represent sales collection, then the question of estimation of profit would arise. - the provisions of sec. 44AF shall not have application in the facts and circumstances of the case. - AT

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