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Income Tax - Highlights / Catch Notes

Home Highlights July 2015 Year 2015 This

Addition towards the notional interest - Onus is on the Revenue ...

Income Tax

July 4, 2015

Addition towards the notional interest - Onus is on the Revenue to prove that the assessee has earned the income. On the contrary, onus is on the assessee when the assessee claimed that an income is exempt from tax. - AT

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