Unexplained source of the cash deposits - The advance paid for ...
Cash Deposits Scrutinized: Advances for Asset Acquisition Must Appear on Balance Sheet, Indicating Company Made No Such Advance.
April 24, 2017
Case Laws Income Tax AT
Unexplained source of the cash deposits - The advance paid for acquiring asset, whether stock in trade or not, has to appear in balance sheet and if it does not appear it only means that there was no such advance given by the company - AT
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