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Unexplained investment-s.69

Started by rajul5234, December 08, 2014, 01:02:52 AM

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rajul5234

Guj. H C. Tax appeal 146/2003. Dt. 25/11/14. J.R. Dyeing & Printing Mills

Held that inflated stock statements submitted to bank for value & quantity cannot be treated as un explained investments u/s 69 if appending circumstances aid assessee.

R K Patel