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Income Tax - Highlights / Catch Notes

Home Highlights October 2019 Year 2019 This

Reopening of assessment u/s 147 - additions u/s 68 - it is ...

Income Tax

October 15, 2019

Reopening of assessment u/s 147 - additions u/s 68 - it is specifically found that cash were deposited in the Bank accounts of entry providers from where the amounts in question have been transferred to the account of the assessee. Therefore, there is escapement of income chargeable to tax - additions confirmed.

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