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Income Tax - Highlights / Catch Notes

Home Highlights December 2017 Year 2017 This

Addition u/s 68 - the creditworthiness of the investors could ...


Court Upholds Addition of Unexplained Cash Credits u/s 68 Due to Lack of Credible Investor Evidence.

December 7, 2017

Case Laws     Income Tax     HC

Addition u/s 68 - the creditworthiness of the investors could never be established once it was found that there was no person existing who may have entered into such a transaction - HC

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