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Income Tax - Highlights / Catch Notes

Home Highlights April 2020 Year 2020 This

Addition on account of capital contributed by one of the partner ...

Income Tax

April 1, 2020

Addition on account of capital contributed by one of the partner u/s 69 - if at all the A.O. was not satisfied from the explanation / source of the Partner, then the additions could have been made in the individual hands of the Partner if it was permissible under section 69 of the Act.

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