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Income Tax - Highlights / Catch Notes

Home Highlights September 2016 Year 2016 This

Addition on account of borrowed fund from villagers - The burden ...

Case Laws     Income Tax

September 20, 2016

Addition on account of borrowed fund from villagers - The burden of proving the onus is on the assessee to produce the creditors specifically when the facts and circumstances clearly raise the suspicion on the very genuineness of the claim - AT

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