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Income Tax - Highlights / Catch Notes

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Addition on account of credits in bank account - CIT(A) himself ...

Income Tax

May 11, 2020

Addition on account of credits in bank account - CIT(A) himself has considered the fact that the wife of the assessee has profit on share trading and accordingly deleted the addition, therefore, the initial burden had been discharged by the assessee. CIT(A) should also have deleted the addition on account of investment

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