Section 68 of the Income Tax Act 1961- Judicial Interpretation

Dilip K Raina , Last updated: 11 February 2020  
  Share

What is section 68 of the Income Tax Act 1961 and why presently is it considered a hot topic? In simple words, section 68- Unexplained cashcreditsempower an assessing officer, in case not satisfied with the explanations provided by the assessee, toadd any unexplained amount credited in the books

You have reached daily limit of 2 Free Articles. To view this or other Articles please subscribe to CCI PRO :

GST Plus

Stay updated! Stay ads free

Browse CAclubindia ads free.
Latest updates on WA.
Daily E-Newsletter and much more.

CCI PRO annual subscription :

Original Price : INR 1999/-

Offer Price : INR 999/-

Duration : 1 year
(Prices Inclusive of GST)


Know More

Note: If you are a PRO member already, please click here to login (for ad free experience)
Join CCI Pro

Published by

Dilip K Raina
(Consultant)
Category Income Tax   Report

Other Articles  
Comment   Share
2 Likes   26290 Views
Comments

Related Articles


Loading


Popular Articles




CCI Pro

Trending Online Classes

view all classess

CCI Articles

You can also submit your article by sending to article@caclubindia.com

submit article

Browse by Category