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Income Tax - Highlights / Catch Notes

Home Highlights January 2014 Year 2014 This

Unexplained expenditure - When the flow of the money is ...


Transparency in Financial Transactions Crucial to Avoid Unexplained Expenditure Allegations in Income Tax Cases.

January 27, 2014

Case Laws     Income Tax     AT

Unexplained expenditure - When the flow of the money is explained, it is very difficult to accept the contention that the assessee has invested in an unexplained way - AT

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