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Income Tax - Highlights / Catch Notes

Home Highlights March 2018 Year 2018 This

Unexplained investment u/s 69 - The aspect that this income was ...


Non-declaration in tax return alone doesn't prove unexplained investment u/s 69; further investigation needed.

March 31, 2018

Case Laws     Income Tax     AT

Unexplained investment u/s 69 - The aspect that this income was not declared in the original return of income cannot be a ground to automatically conclude that it is unexplained investment - AT

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