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Income Tax - Highlights / Catch Notes

Home Highlights December 2018 Year 2018 This

Benami transactions - receipt of advance salary - reliance on ...

Case Laws     Income Tax

December 19, 2018

Benami transactions - receipt of advance salary - reliance on mere statements - These statements only disclose a receipt of cash. This is insufficient to construe the existence of a “benami” transaction.

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