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Income Tax - Highlights / Catch Notes

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Additions made u/s. 68 - main reason for making the addition was ...

Income Tax

January 4, 2017

Additions made u/s. 68 - main reason for making the addition was that the shareholders have deposited cash in some other bank account which have come to the depositors with banking channel, and then transferred to assessee thus the genuineness of the transactions was doubted - ITAT deleted the additions

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