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Income Tax - Highlights / Catch Notes

Home Highlights October 2023 Year 2023 This

Addition of on-money paid by the assessee for purchase of land ...


On-Money Payment for Land Purchase Confirmed Due to Inadequate Explanation by Buyer.

October 10, 2023

Case Laws     Income Tax     AT

Addition of on-money paid by the assessee for purchase of land in the name of his mother - the assessee had no explanation and was just trying to find lame excuses here and there to come out of the situation contrary to him. - Addition confirmed - AT

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