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Income Tax - Highlights / Catch Notes

Home Highlights September 2018 Year 2018 This

Addition u/s. 68 - three ingredients of section 68, i.e., ...

Income Tax

September 17, 2018

Addition u/s. 68 - three ingredients of section 68, i.e., identity of the creditors, creditworthiness thereof and genuineness of the transactions - Simply because the assessee received the amounts through cheques would not prove the transaction as genuine.

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