Unexplained loan u/s 68 - Since the assessee explained that ...
Income Tax
February 27, 2020
Unexplained loan u/s 68 - Since the assessee explained that sufficient loan amount have been taken from the family for purchase of property for family, then in that event, A.O. shall have to consider the explanation of assessee in the light of fact that assessee made investment in purchase of property from the family source. - AT
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