Undisclosed income - receipt of on-money by cash - Simply ...
Court Rules Mere Admission of On-Money Payment Insufficient for Undisclosed Income Without Incriminating Evidence Found in Search.
September 24, 2022
Case Laws Income Tax AT
Undisclosed income - receipt of on-money by cash - Simply because the purchaser has admitted on-money payment is not sufficient. Particularly, in this case, a search was conducted and no incriminating material has been found in respect of on-money receipt. - AT
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