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Income Tax - Highlights / Catch Notes

Home Highlights April 2020 Year 2020 This

Unexplained investment - Purchase of vehicle - In the assessment ...

Case Laws     Income Tax

April 10, 2020

Unexplained investment - Purchase of vehicle - In the assessment order, the AO has also accepted that the assessee has sufficient bank balance to meet out for purchase of car, however, did not accept the explanation of the assessee and added the same to the total income of the assessee. - additions deleted - AT

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