<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Taxpayers can validate unexplained cash credits by proving bank transfers and same-day gold loan repayments.</title>
    <link>https://www.taxtmi.com/highlights?id=57551</link>
    <description>Unexplained cash credits - if the assessee is able to prove the transfer of money from the assessee’s bank a/c to the bank a/c of the customers and if the said gold loan is repaid on the same date, then taking the confirmation from the parties into consideration, the sale consideration of those transactions should be accepted as source for cash deposits. - AT</description>
    <language>en-us</language>
    <pubDate>Sat, 10 Apr 2021 09:03:31 +0530</pubDate>
    <lastBuildDate>Sat, 10 Apr 2021 09:03:31 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=641402" rel="self" type="application/rss+xml"/>
    <item>
      <title>Taxpayers can validate unexplained cash credits by proving bank transfers and same-day gold loan repayments.</title>
      <link>https://www.taxtmi.com/highlights?id=57551</link>
      <description>Unexplained cash credits - if the assessee is able to prove the transfer of money from the assessee’s bank a/c to the bank a/c of the customers and if the said gold loan is repaid on the same date, then taking the confirmation from the parties into consideration, the sale consideration of those transactions should be accepted as source for cash deposits. - AT</description>
      <category>Highlights</category>
      <law>Income Tax</law>
      <pubDate>Sat, 10 Apr 2021 09:03:31 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/highlights?id=57551</guid>
    </item>
  </channel>
</rss>