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Income Tax - Highlights / Catch Notes

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Addition u/s. 69B - unexplained investment in residential ...

Income Tax

March 11, 2016

Addition u/s. 69B - unexplained investment in residential bungalows - the opinion of the DVO per se was not an information and could not be relied upon without books of account, being rejected. Since the books of account had not been rejected in the present case, no addition to be made - AT

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