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Income Tax - Highlights / Catch Notes

Home Highlights March 2020 Year 2020 This

Revision u/s 263 - unexplained cash deposited in the bank ...

March 25, 2020

Case Laws     Income Tax     AT

Revision u/s 263 - unexplained cash deposited in the bank account of the assessee - - when there is claim of investment being made out of unrecorded hospital receipts he ought to have made investigation regarding year wise investment. This observation of the Ld. Pr.CIT is sustained.

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