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Income Tax - Highlights / Catch Notes

Home Highlights December 2015 Year 2015 This

Unexplained cash credit u/s 68 - Investor had returned income ...

Income Tax

December 8, 2015

Unexplained cash credit u/s 68 - Investor had returned income of ₹ 530/-. Therefore, it is necessary that what was the source of investment of the investor has to be clearly brought on record. - Mere filing of return cannot establish the creditworthiness.- AT

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