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Income Tax - Highlights / Catch Notes

Home Highlights January 2014 Year 2014 This

Unexplained cash credit - To presume huge withdrawal was spent ...

Case Laws     Income Tax

January 8, 2014

Unexplained cash credit - To presume huge withdrawal was spent by the assessee in the absence of any evidence of its utilization would be a wrong presumption - deposit of cash accepted as duly explained - AT

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