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Income Tax - Highlights / Catch Notes

Home Highlights December 2019 Year 2019 This

Unexplained investment - when the transaction of sale of land ...

Income Tax

December 18, 2019

Unexplained investment - when the transaction of sale of land and sale consideration is accepted by the AO of the seller as recorded in the sale deeds then the addition made by the AO on account of cash payment by the assessees U/s 69B of the Act has no legs to stand.

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