Addition on account of capital introduction by the partners of ...

Case Laws Income Tax

September 10, 2019

Addition on account of capital introduction by the partners of the assessee-firm - The source of funds utilized for giving such gifts was explained as the sale proceeds of gold ornaments by the concerned donors.The source of funds utilized for giving such gifts was explained as the sale proceeds of gold ornaments by the concerned donors - as the sources is proved no addition can be made - AT

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Addition on account of capital introduction by the partners of ...

Case Laws Income Tax

September 10, 2019

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