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Income Tax - Highlights / Catch Notes

Home Highlights November 2012 Year 2012 This

Presumption as to assets, books of account, etc u/s 292C - ITAT ...

Income Tax

November 1, 2012

Presumption as to assets, books of account, etc u/s 292C - ITAT decided that seized documents alone were not sufficient to draw any definite conclusion regarding the existence of undisclosed income. - Decision of tribunal is not correct - HC

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