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Income Tax - Highlights / Catch Notes

Home Highlights November 2017 Year 2017 This

Unexplained cash credit - Since the matching assets shown in the ...

Case Laws     Income Tax

November 6, 2017

Unexplained cash credit - Since the matching assets shown in the balance sheet, the money has come into the firm in the name of Pushkara, assessee is duty bound to explain the source with identification, genuineness and credit worthiness of the capital contributor - additions confirmed.

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