Friday, October 30, 2020

No additions based on seizure of loosed sheet where no unaccounted cash was found to be paid by buyer

INCOME TAX : Where no unaccounted cash was found to be paid by buyer to seller in respect of sale-purchase of land and addition made on account of on-money transaction in hands of buyer and seller was also deleted, addition made in hands of assessee-broker was to be deleted

from www.taxmann.com Latest Case Laws https://ift.tt/3eazorK

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