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Income Tax - Highlights / Catch Notes

Home Highlights August 2017 Year 2017 This

Rejecting of claim of loss - ad-hoc estimation of income - AO is ...

Case Laws     Income Tax

August 12, 2017

Rejecting of claim of loss - ad-hoc estimation of income - AO is allowed to make additions for want of evidences and the same should be fair and reasonable. - AO should avoid multiple additions on any account.

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