Addition on account of advance against the properties - Assessee ...
Assessee's Property Advance Additions Confirmed Despite Refunded Claim in Subsequent Year.
February 16, 2023
Case Laws Income Tax AT
Addition on account of advance against the properties - Assessee has improved his explanation step-by-step and instead of explaining facts in a proper manner at respective stage, took a contradictory stand - Now before us, assessee went one step ahead by taking plea that such advances were refunded in next assessment year. - Additions confirmed - AT
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