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Income Tax - Highlights / Catch Notes

Home Highlights September 2014 Year 2014 This

Unexplained cash credits u/s 68 - Companies are artificial or ...


Accountability for Cash Credits: Section 68 of Income Tax Act Highlights Individual Responsibility in Company Financial Transactions.

September 25, 2014

Case Laws     Income Tax     HC

Unexplained cash credits u/s 68 - Companies are artificial or juristic persons but they are soulless and are dependent upon the individuals behind them who run and manage the companies - HC

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