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Income Tax - Highlights / Catch Notes

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Addition of interest paid on fund advanced - Genuineness of ...

Case Laws     Income Tax

April 26, 2023

Addition of interest paid on fund advanced - Genuineness of business advance without interest - Thus both the authorities below having passed orders in a very casual manner, totally ignoring the pleadings of the assessee and in complete disregard to the principles of natural justice. The orders are highly unjustified and are not sustainable in law - AT

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