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Income Tax - Highlights / Catch Notes

Home Highlights June 2012 Year 2012 This

Cash credit - addition u/s 68 - gift - deleting the addition ...


Court Deletes Cash Credit Addition u/s 68; Decision Lacks Consideration of Factual Evidence in Gift Case.

June 25, 2012

Case Laws     Income Tax     AT

Cash credit - addition u/s 68 - gift - deleting the addition only on the legal grounds without appreciating the facts on record does not bring proper result. - AT

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