Unexplained Cash Credits, Investments, Money etc.

CA. Nishant Jain , Last updated: 07 May 2014 Share Follow on Google News

Section 68: Cash Credits 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 thereof or the explanation offered by him is not in the opinion of the assessing officer, satisfactory, the

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About the Author

CA. Nishant Jain

Audit Executive

NOT PERFECT Straight forward and precise; Overall though, I think I am nice. To those less fortunate, I like to give; Helping my fellow man, thats how I like to live. Creative, imaginative and smart; Forgiving, understanding with a big heart. Thinking outside the box, is how my mind click ... Read more

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Unexplained Cash Credits, Investments, Money etc.

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