Addition u/s 68 - unsecured loans receipt - Merely because the ...
Section 68: Unsecured Loan Receipts Valid Despite Non-Compliance with Personal Appearance Summons.
November 27, 2018
Case Laws Income Tax AT
Addition u/s 68 - unsecured loans receipt - Merely because the summons issued seeking their personal appearance is not complied with, the entire transactions cannot be treated as bogus and cannot be doubted by the revenue
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