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Income Tax - Highlights / Catch Notes

Home Highlights February 2022 Year 2022 This

Addition u/s 68 - unsecured loans treated as unexplained credits ...

Income Tax

February 21, 2022

Addition u/s 68 - unsecured loans treated as unexplained credits - Revenue has also failed to conduct complete enquiries to bring much needed evidences on record. Hence, in the interest of justice to both the parties, we deem it proper to remand the matter to the file of the Assessing Officer - AT

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