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Income Tax - Highlights / Catch Notes

Home Highlights April 2013 Year 2013 This

If the addition made based on the principle of accretions of ...


Income Accretion Cannot Be Repeated for 1987-88 Without New Wealth Accretion.

April 2, 2013

Case Laws     Income Tax     AT

If the addition made based on the principle of accretions of wealth then unless there is a fresh accretion of wealth, during the assessment year 1987-88 the same amount cannot be once again added to the income of the assessee - AT

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