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Income Tax - Highlights / Catch Notes

Home Highlights January 2016 Year 2016 This

Advances collected from customers towards flat bookings in cash ...

Case Laws     Income Tax

January 8, 2016

Advances collected from customers towards flat bookings in cash and later returned to the customers by way of account payee cheques cannot be at any stretch of imagination considered as assessee's income from undisclosed source - AT

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