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Income Tax - Highlights / Catch Notes

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Addition made being Specified Bank Notes deposited in the bank ...

Income Tax

September 27, 2022

Addition made being Specified Bank Notes deposited in the bank account of the assessee - whether the assessee had sufficient cash balance in its books for making the said deposits in the bank account? - Assessee has furnished the evidences and replies from the parties - AO had not brought any cogent evidence on record to disbelieve the details furnished by the parties and the assessee. - No additions - AT

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