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Income Tax - Highlights / Catch Notes

Home Highlights October 2020 Year 2020 This

Limited scrutiny - Addition on account of cash borrowings from ...

October 22, 2020

Case Laws     Income Tax     AT

Limited scrutiny - Addition on account of cash borrowings from agriculturists and interest received on compensation in respect of agricultural land - - Any consideration of the details relating to the income from other sources is beyond the scope of this limited scrutiny, inasmuch as the reason for a limited scrutiny includes low income from other sources as compared to large value fixed deposits - AT

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