Presumptive income u/s 44AF of the Income Tax Act – No nexus had ...

Income Tax

November 2, 2013

Presumptive income u/s 44AF of the Income Tax Act – No nexus had been established by the assessee with the sale transaction of their business and cash deposited. Thus, Section 44AF cannot be applied in this case - AT

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Presumptive income u/s 44AF of the Income Tax Act – No nexus had ...

Income Tax

November 2, 2013

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