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Income Tax - Highlights / Catch Notes

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Just because an assessment u/s 153(3) has not been made or no ...


High Court: Lack of Section 153(3) Assessment Doesn't Invalidate Minor's Income When Clubbed with Parent's Interest Income.

November 30, 2013

Case Laws     Income Tax     HC

Just because an assessment u/s 153(3) has not been made or no scrutiny has been made, the income of the minor could not be disbelieved, when the interest was clubbed in the hands of father - HC

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