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Income Tax - Highlights / Catch Notes

Home Highlights January 2024 Year 2024 This

Addition u/s 68 - cash deposits during demonetization period - ...

Income Tax

January 18, 2024

Addition u/s 68 - cash deposits during demonetization period - trading in precious and semi precious Gem Stones - AO doubted the cash sales for the reason that the buyers were not identified and each sale was below Rs. 2,00,000/- - CIT(A) rightly deleted the additions. - AT

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