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Income Tax - Highlights / Catch Notes

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Addition u/s 69 - unpaid purchase consideration and the future ...

Case Laws     Income Tax

November 8, 2023

Addition u/s 69 - unpaid purchase consideration and the future commitment made to the builder by the assessee - Builder has shown the amount as due in its books of account - once the assessee has not made any payment the same cannot be added as unexplained investment. - AT

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