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Income Tax - Highlights / Catch Notes

Home Highlights June 2018 Year 2018 This

Addition to income - Whether any addition to income can be made ...

Income Tax

June 26, 2018

Addition to income - Whether any addition to income can be made on the basis of balance-sheet and profit and loss accounts certified to have been prepared on estimate basis to avail bank loan and having no relation with the actual?” - assessee could no longer resile from such position - ITAT faulted in not reporting the conduct of CA to the ICAI.

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