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Income Tax - Highlights / Catch Notes

Home Highlights September 2019 Year 2019 This

Addition on account for cash deposits in Bank account - deposits ...

Income Tax

September 28, 2019

Addition on account for cash deposits in Bank account - deposits from a close friend of assessee's father who is no longer alive - only evidence which the assessee could rely upon was the Affidavit of the sole surviving child of deceased - The insistence of the tax authorities without upsetting the evidences available on record cannot be accepted. - AT

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