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Income Tax - Highlights / Catch Notes

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Unexplained investment u/s. 69 - Difference in opening balance ...

Income Tax

January 24, 2016

Unexplained investment u/s. 69 - Difference in opening balance of loan figure is to be brought to tax, it cannot be added as income in the Asst Year 2009-10 and it should be considered only in the year in which the difference, if any, arose. - AT

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