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Income Tax - Highlights / Catch Notes

Home Highlights February 2019 Year 2019 This

Unexplained cash credit u/s 68 - share application money - ...


No Additions Needed for Share Application Money u/s 68: Examined Unexplained Cash Credits from Previous Years.

February 13, 2019

Case Laws     Income Tax     AT

Unexplained cash credit u/s 68 - share application money - amount was received during the earlier years - entries made during the current year for converting deposits into share application money - No additions.

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