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Income Tax - Highlights / Catch Notes

Home Highlights December 2020 Year 2020 This

Assessment u/s 153C - it is contended that addition could be ...

Income Tax

December 19, 2020

Assessment u/s 153C - it is contended that addition could be made in absence of any incriminating material found during the course of search. - Merely because a satisfaction note has been recorded, cannot lead us to reach to this conclusion, especially when the Revenue has not laid any foundation to support their contention. - HC

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