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Income Tax - Highlights / Catch Notes

Home Highlights January 2020 Year 2020 This

Addition towards set off of fictitious losses through Client ...

Case Laws     Income Tax

January 9, 2020

Addition towards set off of fictitious losses through Client Code Modification - AO neither proved nor led any evidence in case of any single transaction, while making addition to the income of the assessee. Addition made by the AO is based on general propositions, which cannot be sustained

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