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Income Tax - Highlights / Catch Notes

Home Highlights April 2016 Year 2016 This

Once the assessee failed in explaining the share capital and ...


Assessing Officer Adds Unexplained Share Capital and Loans to Assessee's Taxable Income Due to Lack of Explanation.

April 13, 2016

Case Laws     Income Tax     AT

Once the assessee failed in explaining the share capital and unsecured loans received, there was no option before the Assessing Officer except making addition - AT

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