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Income Tax - Highlights / Catch Notes

Home Highlights September 2013 Year 2013 This

Applicability of section 68 or u/s 41(1) – the amounts in ...

Income Tax

September 2, 2013

Applicability of section 68 or u/s 41(1) – the amounts in question were outstanding for the last three years - there is no infirmity in the stand taken by the creditors that they did not have any transaction with the assessee during the year - no addition - AT

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