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Income Tax - Highlights / Catch Notes

Home Highlights February 2014 Year 2014 This

Addition u/s 68 – The unsubstantiated material found in the ...


Pendrive Data Insufficient for Evidence: Section 68 Additions on Unexplained Credit Require Substantiated Material.

February 20, 2014

Case Laws     Income Tax     AT

Addition u/s 68 – The unsubstantiated material found in the pendrive cannot be considered in the hands of the assessee as a conclusive evidence so as to make additions towards unexplained credit - AT

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