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Income Tax - Highlights / Catch Notes

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Unexplained credits - additions u/s 68 - onus to prove - When an ...

Income Tax

August 8, 2013

Unexplained credits - additions u/s 68 - onus to prove - When an explanation is called for from the assessee, he or she must take care to substantiate her explanation by such supporting evidence as may be in his or her power to produce. - additions confirmed - HC

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