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Income Tax - Highlights / Catch Notes

Home Highlights September 2015 Year 2015 This

Unexplained source of cash deposits - source from sale of live ...


Taxpayers' Unexplained Cash Deposits from Livestock Sales Under Scrutiny for Income Legitimacy in Native Village.

September 24, 2015

Case Laws     Income Tax     AT

Unexplained source of cash deposits - source from sale of live stock - would be highly improbable that in the absence of the assessees anyone will take care of live stock for such a long period in the native village. - AT

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