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Income Tax - Highlights / Catch Notes

Home Highlights February 2017 Year 2017 This

Unaccounted cash for the purchase of property - in the absence ...


Court Rules Loose Paper Notations Insufficient Evidence for Tax Additions in Property Purchase Case.

February 25, 2017

Case Laws     Income Tax     AT

Unaccounted cash for the purchase of property - in the absence of any other corroborative evidence to establish a direct nexus, it cannot be said that the notings in the loose paper are genuine - No additions - AT

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