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Income Tax - Highlights / Catch Notes

Home Highlights November 2016 Year 2016 This

Assessee having failed to prove the validity of the transaction, ...


Witness Not Summoned u/s 131: Assessee Fails to Prove Transaction Validity, No Rights Granted.

November 18, 2016

Case Laws     Income Tax     HC

Assessee having failed to prove the validity of the transaction, no right accrues in his favour on account of non- summoning of the witness u/s 131 by the AO - HC

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