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Income Tax - Highlights / Catch Notes

Home Highlights September 2016 Year 2016 This

Unexplained cash credit - addition u/s 68 - The capacity as well ...

Case Laws     Income Tax

September 26, 2016

Unexplained cash credit - addition u/s 68 - The capacity as well as the genuineness aspect is completely unproved in the present case. - The firms being registered under VAT. Surprisingly, however, it is not known who the proprietors/partners of these firms are. - matter to be re-adjudicated - AT

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