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Income Tax - Highlights / Catch Notes

Home Highlights November 2020 Year 2020 This

Unexplained expenditure invoking the provisions of section 69C - ...

Case Laws     Income Tax

November 13, 2020

Unexplained expenditure invoking the provisions of section 69C - Assessee has enough resources from his accumulated funds to make payment towards the expenditure as he is earning income from his profession as insurance commission agent for quite a period of time. Further, the assessee's family has also resources for earning agricultural income. - Additions deleted - AT

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