Section 68: Unexplained Cash Credit

Anchal Gupta , Last updated: 24 December 2022  
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Basic Provision As per section 68, any sum found credited in the books of a taxpayer, for which he offers no explanation about the nature and source thereof or the explanation offered by him is not, in the opinion of the Assessing Officer, satisfactory, may be charged to income-tax as the income

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Anchal Gupta
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