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ITAT: Cash Deposits Out of Business of Shroff Cannot be Treated as Undisclosed Income - (08 Jul 2022)

DIRECT TAXATION

Income Tax Appellate Tribunal (ITAT), Rajkot Bench has held that the cash deposits out of business of Shroff cannot be treated as undisclosed income under Section 68 of Income-Tax Act, 1961.

Tags : ITAT   CASH DEPOSIT   SHROFF  

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