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Income Tax - Highlights / Catch Notes

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Addition u/s 68 - the documents available with the AO could not ...

Income Tax

April 20, 2017

Addition u/s 68 - the documents available with the AO could not be ignored as they reveal the modus operandi of the working particularly in the case of the assessee, as to how with the help of a middleman, cash was first deposited into M/s Transnational Growth Fund Pvt. Ltd. and thereafter to the assessee company through RTGS - additions confirmed - AT

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