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Income Tax - Highlights / Catch Notes

Home Highlights April 2018 Year 2018 This

Validity of reopening of assessment - reasons to believe - ...

Income Tax

April 10, 2018

Validity of reopening of assessment - reasons to believe - purchases from grey market - addition @ 12.50% of alleged bogus purchases - Dealings in the grey market give the assessee various savings at the expense of the Exchequer - additions confirmed - AT

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