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Income Tax - Highlights / Catch Notes

Home Highlights February 2016 Year 2016 This

Undisclosed deposits in bank account - . When the deposit of an ...


Undisclosed Bank Deposits and Interest Not Taxable as Account Holder's Income Under Current Tax Rules.

February 24, 2016

Case Laws     Income Tax     AT

Undisclosed deposits in bank account - . When the deposit of an amount cannot be added in the hands of the assessee, the interest accrued on such deposit also cannot be taxed in the hands of the assessee - AT

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