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Income Tax - Highlights / Catch Notes

Home Highlights November 2017 Year 2017 This

Unaccounted income - no addition can be made solely on the basis ...


Retractions in Survey Statements Cannot Justify Unaccounted Income Additions Without Valid Justification.

November 8, 2017

Case Laws     Income Tax     HC

Unaccounted income - no addition can be made solely on the basis of a retracted statement made during the survey operation, particularly, when proper justification for retraction was also offered. - HC

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