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Income Tax - Highlights / Catch Notes

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Addition u/s 68 - Section 68 is clear enough as it uses the term ...

Case Laws     Income Tax

May 24, 2017

Addition u/s 68 - Section 68 is clear enough as it uses the term "sum is found credited in the books of accounts of the assessee". It does not make any distinction between any cash or cheque transaction. - Despite non-encashment of the cheques by the assessee, additions confirmed - HC

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