TaxTMI 
TaxTMI 
Section 69C Confirms "MLA Balance" as Illegal Payments; Debate on Timing of Due Amounts Seized.
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....Addition u/s 69C - expenditure stated as “MLA Balance” - illegal amount to be paid - It is submitted that, the amounts do not reflect payments already made. There are only payable at the time of seized of the papers. - Additions confirmed.....