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Income Tax - Highlights / Catch Notes

Home Highlights November 2020 Year 2020 This

Undisclosed cash deposited in the bank account - it will not be ...

Income Tax

November 19, 2020

Undisclosed cash deposited in the bank account - it will not be fair to treat the entire cash deposits as the unaccounted income of the assessee as it can be reasonably construed to represent as the undisclosed turnover of the firm in which the assessee is a partner. - AT

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