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Income Tax - Highlights / Catch Notes

Home Highlights June 2018 Year 2018 This

Unexplained cash deposits in Bank account - The explanation ...


Taxpayer's Explanation of Cash Deposits From Traveler Cheques Must Be Considered Before Dismissal.

June 25, 2018

Case Laws     Income Tax     AT

Unexplained cash deposits in Bank account - The explanation given by assessee cannot be simply rejected when he states that he encashed the traveler cheques and deposited cash in the bank account.

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