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Income Tax - Highlights / Catch Notes

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Peak credit - unaccounted transactions - ITAT has ignored ...

Income Tax

July 31, 2013

Peak credit - unaccounted transactions - ITAT has ignored relevant and material facts and has gone on a tangent without examining the real issue and the controversy, i.e., has the assessee explained the source of funds required for making investment to have turnover - passing the burden on revenue is not correct - HC

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