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Income Tax - Highlights / Catch Notes

Home Highlights September 2022 Year 2022 This

Undisclosed income - receipt of on-money by cash - Simply ...

Income Tax

September 24, 2022

Undisclosed income - receipt of on-money by cash - Simply because the purchaser has admitted on-money payment is not sufficient. Particularly, in this case, a search was conducted and no incriminating material has been found in respect of on-money receipt. - AT

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