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Income Tax - Highlights / Catch Notes

Home Highlights July 2016 Year 2016 This

Addition su/s 68 / 69 - When the person who has given advance to ...

Income Tax

July 5, 2016

Addition su/s 68 / 69 - When the person who has given advance to the assessee, has sufficient cash balance in its books, the advance cannot be treated as unexplained income of the assessee.

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