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Income Tax - Highlights / Catch Notes

Home Highlights July 2019 Year 2019 This

Unexplained investment in jewellery - when Tribunal accepted ...

Income Tax

July 13, 2019

Unexplained investment in jewellery - when Tribunal accepted such assertion which is supported by affidavits and corroborative evidences likes VDIS declaration and copies of Wealth Tax returns of the giver/creditors, it was incorrect to brush it aside - evidence simply cannot be rejected by a presumption that the claim was an after thought - no addition

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