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Income Tax - Highlights / Catch Notes

Home Highlights November 2016 Year 2016 This

The presumption u/s. 292C is a rebuttal presumption. The ...

Income Tax

November 30, 2016

The presumption u/s. 292C is a rebuttal presumption. The presumption as envisaged in section 292C is limited to the correctness of the documents found at the time of search or survey, but that presumption has not been extended by the statute to be presumed to be the income of the assessee - AT

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