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Income Tax - Highlights / Catch Notes

Home Highlights February 2012 Year 2012 This

Unexplained credits – alleged bogus share application money ...

Income Tax

February 18, 2012

Unexplained credits – alleged bogus share application money received – Involvement of the assessee in such modus operandi is clearly indicated by valid material made available to the A.O. as a result of investigations carried out by the revenue authorities into the activities of such “entry providers” - Tribunal erred in confirming the deletion of the addition made u/s 68

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