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Income Tax - Highlights / Catch Notes

Home Highlights October 2015 Year 2015 This

Whether the income of the Assessee was liable to be excluded ...

Income Tax

October 10, 2015

Whether the income of the Assessee was liable to be excluded from its total income by virtue of Section 10(22) of the Act was an issue which could not be made the subject matter of block assessment under Section 158BC, as the same is concerned only with the assessment of ‘undisclosed income’ - Held Yes - HC

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