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Income Tax - Highlights / Catch Notes

Home Highlights April 2021 Year 2021 This

Addition of advance received u/s. 2(22)(e) - The commercial ...

Income Tax

April 3, 2021

Addition of advance received u/s. 2(22)(e) - The commercial transaction between the related company do not necessarily attract the provisions of Section 2(22)(e) unless convincingly proved that the transactions were not commercial in nature by bringing appropriate material on record and with proper investigation. I - AT

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