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Income Tax - Highlights / Catch Notes

Home Highlights June 2023 Year 2023 This

Unexplained investment - Unaccounted cash for purchase - ...

Income Tax

June 2, 2023

Unexplained investment - Unaccounted cash for purchase - addition based on the statement / admission of the third party - Mere admission of the third party cannot be a basis for making addition in the hands of the assessee without confronting the assessee about the incriminating material. - AT

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