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Income Tax - Highlights / Catch Notes

Home Highlights June 2019 Year 2019 This

Addition of cash in hand - cash deposit in demonetization period ...

Case Laws     Income Tax

June 6, 2019

Addition of cash in hand - cash deposit in demonetization period - income u/s 44AD - there was no justification to consider the sales of assessee to be bogus or to make addition of cash in hand as per details submitted by the assessee because A.O. did not bring any sufficient evidence on record to justify the addition

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