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Income Tax - Highlights / Catch Notes

Home Highlights June 2018 Year 2018 This

Addition u/s 68 - non independent application of mind - ...


Section 68: Non-Production of Shareholder Director Alone Doesn't Justify Adverse Inference in Tax Cases.

June 27, 2018

Case Laws     Income Tax     AT

Addition u/s 68 - non independent application of mind - accommodation entries - share application money - Mere non production of Director of said share holder company cannot justify adverse inference u/s 68

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