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Income Tax - Highlights / Catch Notes

Home Highlights January 2014 Year 2014 This

Disclosure of sale proceeds deposited in bank account – There is ...


Legal Interpretation: Sale Proceeds Deposits Not Automatically "Income from Other Sources" Under Tax Law.

January 18, 2014

Case Laws     Income Tax     AT

Disclosure of sale proceeds deposited in bank account – There is no rule that the amount credited to the Bank A/c. must be taken as income from other sources - AT

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