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Income Tax - Highlights / Catch Notes

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Addition made on the basis of loose papers found and seized from ...

Income Tax

August 17, 2023

Addition made on the basis of loose papers found and seized from the third person - the jottings made without identification of any asset or investment cannot be the basis for making the addition of unexplained investment as done by the assessing officer. - Ld CIT(A) deleted the addition correctly. - AT

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