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Income Tax - Highlights / Catch Notes

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Unexplained expenditure u/s 69C - Addition emanated from noting ...

Income Tax

October 14, 2023

Unexplained expenditure u/s 69C - Addition emanated from noting in a diary found during search - Where the assessee had stated the notings in the diary as relating to his business and which stood disclosed by its partnership firm to the settlement commission, who in turn accepted the same also - CIT(A) rightly deleted the additions - AT

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