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Income Tax - Highlights / Catch Notes

Home Highlights December 2018 Year 2018 This

Unexplained cash deposits in the bank account u/s. 69 - money ...

Income Tax

December 31, 2018

Unexplained cash deposits in the bank account u/s. 69 - money might have been utilized in the interregnum period for some purpose and thereafter appropriated towards discharge of loan. But that fact cannot be held against the assessee.

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