Addition for gross amount of ‘On-Money’ received - Undoubtedly ...
Case Laws Income Tax
March 13, 2019
Addition for gross amount of ‘On-Money’ received - Undoubtedly against unaccounted ‘On- Money’ there is also an element of unaccounted expenditure which cannot be brushed aside - addition should be sustained, only to the extent of 25% of the alleged ‘On-Money’.
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