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Income Tax - Highlights / Catch Notes

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Recovery proceedings - stay applications - Addition u/s 68 - ...

Case Laws     Income Tax

April 27, 2020

Recovery proceedings - stay applications - Addition u/s 68 - genuineness of the transaction and creditworthiness of the investors/loan depositors - as determined by the Assessing Officer, a prima facie case is not made out and such a relief is not warranted. - HC

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