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Income Tax - Highlights / Catch Notes

Home Highlights March 2014 Year 2014 This

Addition made u/s 68 - once the identity and other relevant ...

Income Tax

March 29, 2014

Addition made u/s 68 - once the identity and other relevant particulars of shareholders are disclosed, it is for those shareholders to explain the source of their funds and not for the assessee company to show wherefrom these shareholders obtained funds - HC

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