Section 68 & 69

This query is : Resolved 

15 January 2011 If an assessee deposits huge cash in his bank account and he is not able to explain the source. Here the undisclosed income should be taxed under section 68 or section 69.
Kindly elaborate with explanation and judgments if possible

15 January 2011 http://www.vakilno1.com/bareacts/incometaxact/s68.htm

http://www.vakilno1.com/bareacts/incometaxact/s69.htm

http://www.vakilno1.com/bareacts/incometaxact/s69a.htm



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