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Income Tax - Highlights / Catch Notes

Home Highlights November 2017 Year 2017 This

A.O. is not correct in coming to the conclusion that on money is ...


Court Orders Removal of Addition: AO's Conclusion on Unaccounted Money Based on Loose Sheet Deemed Incorrect.

November 7, 2017

Case Laws     Income Tax     AT

A.O. is not correct in coming to the conclusion that on money is exchanged between the parties based on a loose sheet found in the premises of a third person - AO directed to delete addition made towards on money.

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