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Income Tax - Highlights / Catch Notes

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Addition u/s 69C - the assessee had discharged the initial ...

Income Tax

March 1, 2017

Addition u/s 69C - the assessee had discharged the initial burden. It was duty of the AO to rebut the evidences produced by the assessee. But, he did not bring anything on record. - the FAA had rightly held that the provisions of section 69C cannot be invoked for bogus purchases - AT

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