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Income Tax - Highlights / Catch Notes

Home Highlights August 2012 Year 2012 This

Treatment of unutilized balance available in "consumer deposit ...


Tax Officer Adds Unused Consumer Deposit Funds to Taxpayer's Total Income Calculation.

August 9, 2012

Case Laws     Income Tax     HC

Treatment of unutilized balance available in "consumer deposit account" - AO added the unutilized balance of such account to the total income of the assessee - HC

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