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Income Tax - Highlights / Catch Notes

Home Highlights July 2019 Year 2019 This

Addition of unexplained loan - taken from a credit institution - ...

Case Laws     Income Tax

July 16, 2019

Addition of unexplained loan - taken from a credit institution - Assessee has named the credit institutions where from he received such loans to stand testimony to their irrefutable and impeccable character - AO could not bring on record any conclusive evidence - no addition permissible

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