Section 68 of Income Tax Act 1961

Amit Bajaj , Last updated: 19 May 2011 Share Follow on Google News

.auto-style1 { font-weight: bold; } .auto-style3 { font-weight: normal; } According to section 68 of Income Tax Act 1961, where any sum is found credited in the books of an assessee maintained for any previous year, and the assessee offers no explanation about the nature and source

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About the Author

Amit Bajaj

Tax Attorney

I am an Advocate.I have done B.com, LL.B. I have been practising tax laws including Income Tax, VAT,Service Tax as an Advocate for last 8 yrs and a professional writer on tax laws. Also have a blog wherein I have been writing articles for 3 yrs now http://www.amitbajajadvocate.com My articles are also be ... Read more

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