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Income Tax - Highlights / Catch Notes

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Unsecured loan advanced by two, minor son and minor daughter, to ...


Minor Children's Loan to Taxpayer Explained, Not Unexplained Cash Credit u/s 68 of Income Tax Act.

May 19, 2016

Case Laws     Income Tax     AT

Unsecured loan advanced by two, minor son and minor daughter, to the assessee is explained and cannot be added as unexplained cash credit u/s. 68 - AT

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