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Income Tax - Highlights / Catch Notes

Home Highlights September 2016 Year 2016 This

Once it has been held as deemed income of the assessee or an ...

Case Laws     Income Tax

September 3, 2016

Once it has been held as deemed income of the assessee or an addition u/s.68, has been made the character of the said amount/addition will not remain as a loan or deposit and section 269-SS will not be applicable - No penalty u/s 271D - HC

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