Unexplained cash deposits - conclusions have to be drawn on the ...

Case Laws Income Tax

November 10, 2022

Unexplained cash deposits - conclusions have to be drawn on the basis of certain admitted facts and materials and not on the basis of presumption of facts Once nothing has been proved against the appellant with aid of any direct material especially when three rounds of investigation have been carried out, then nothing can be implicated against the appellant. - AT

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Unexplained cash deposits - conclusions have to be drawn on the ...

Case Laws Income Tax

November 10, 2022

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