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Income Tax - Highlights / Catch Notes

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Unexplained expenses u/s 69C - Cash Expenses incurred by the ...

Income Tax

September 26, 2022

Unexplained expenses u/s 69C - Cash Expenses incurred by the assessee - A fair estimation of disallowance of cash expenses needs to be done in this case. - disallowance of expenses @20% in respect of site and conveyance expenses would meet the ends of justice - AT

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