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Income Tax - Highlights / Catch Notes

Home Highlights January 2020 Year 2020 This

Addition u/s 68 - outstanding sundry creditors - the said sundry ...

Income Tax

January 25, 2020

Addition u/s 68 - outstanding sundry creditors - the said sundry creditors were paid in the subsequent year through banking channels and that the assessee has had regular transactions with the same parties in the subsequent years which were not doubted by the Revenue - Addition deleted.

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