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Income Tax - Highlights / Catch Notes

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Additions towards difference in interest income between interest ...

Income Tax

January 10, 2024

Additions towards difference in interest income between interest as per Form 26AS and interest income shown in the Return of Income - Since the alleged accommodation loan was treated as bogus and assessing officer made estimation addition, hence addition on account of difference in interest income, is tantamount to double addition, hence the same is hereby deleted. - AT

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