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Income Tax - Highlights / Catch Notes

Home Highlights September 2012 Year 2012 This

Addition u/s 68 - when the donors were examined by the ...

Case Laws     Income Tax

September 5, 2012

Addition u/s 68 - when the donors were examined by the Assessing Officer on oath and they conformed the transaction of gift through banking channel and by cheques, than there is no scope of any doubt of identity and creditworthiness of the donor. - AT

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