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Income Tax - Highlights / Catch Notes

Home Highlights November 2013 Year 2013 This

Cash found during search – rejection of books of accounts - An ...


Cash Discovery Triggers Rejection of Accounts; Unexplained Credit Addition Permitted Under Income Tax Act Section 68.

November 22, 2013

Case Laws     Income Tax     AT

Cash found during search – rejection of books of accounts - An assessment by estimating income would not preclude an addition on account of unexplained credit u/s. 68 of the Act - AT

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