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Income Tax - Highlights / Catch Notes

Home Highlights October 2018 Year 2018 This

Addition on account of sale of scrap out of books - unexplained ...

Case Laws     Income Tax

October 25, 2018

Addition on account of sale of scrap out of books - unexplained sale - in all the years assessee has been generated unaccounted cash from the scrap sales outside books, then based on same ratio such unaccounted cash has to be treated as unexplained.

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