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Income Tax - Highlights / Catch Notes

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Estimation of commission income - unaccounted cash found during ...

Case Laws     Income Tax

January 11, 2024

Estimation of commission income - unaccounted cash found during the search - AO has not brought any material on record to show higher commission income earned by the assessee. The commission income duly recorded in the books of account and declared in the return of income cannot be disturbed in absence of any material. - AT

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