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Income Tax - Highlights / Catch Notes

Home Highlights July 2019 Year 2019 This

Fictitious loss by way of Client Code Modification (CCM) - ...

Income Tax

July 6, 2019

Fictitious loss by way of Client Code Modification (CCM) - unexplained expenditure - The transactions of were duly supported by bills/contract notes and also confirm by parties whose name appear in the data that the transactions are belonging to them only and there is nothing on record establishes any collusion/connivance of the assessee with the share broker - losses allowable

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