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Saturday 25 July 2015

No addition u/s 68 can be made in the hands of person engaged in business of accommodation entries. Addition should be made in the hands of beneficiaries. Person providing accomodation entries can only be assessed to commission income.

ZENITH ESTATE LTD Jul 20, 2015 ITA No. 3419/Del/2014 (2015) 44 CCH 0396 DelTrib

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