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Unexplained amount deposited in the accounts of the partners was the cash deposit of the assessee firm, therefore, merely deposit of the said amount in the accounts of the partners, do not make the assessee liable to pay the interest to its partners on its own money - Tri

Income Tax
October 6, 2016

Unexplained amount deposited in the accounts of the partners was the cash deposit of the assessee firm, therefore, merely deposit of the said amount in the accounts of the partners, do not make the assessee liable to pay the interest to its partners on its own money - Tri

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