Cash credits and its treatment under income tax act, 1961

FCS Deepak Pratap Singh , Last updated: 17 March 2017
Share

CASH CREDITS UNDER INCOME TAX ACT, 1961 Section 68 of the Income Tax Act, 1961 provides that there has to be credit of amounts in the books maintained by the assessee, that such credit has to be of a sum during the previous year, and that the assessee offers no explanation about the nature and

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

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 2999/-

Offer Price : INR 1999/-

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)

Published by

FCS Deepak Pratap Singh
(Associate Vice President - Secretarial & Compliance (SBI General Insurance Co. Ltd.))
Category Corporate Law Report

Cash credits and its treatment under income tax act, 1961

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

Stay updated! Stay ads free

Original Price : INR 2999/-

Offer Price : INR 1999/-

Related Articles

Popular Articles

Meet our PRO Members

Trending Online Classes

Browse by Category