Unexplained Cash Credits & Section 68: Tax Implications, Legal Battles and Key Judgments

Leena TheRaja , Last updated: 14 February 2025
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Unexplained Cash Credit If any sum is credited in the books of accounts of the assessee during a financial year, and The assessee cannot explain the nature and source of such credit, or The explanation provided is not satisfactory to the Assessing Officer, Then the amount is treated as income

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Leena TheRaja
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Category Income Tax Report

Unexplained Cash Credits & Section 68: Tax Implications, Legal Battles and Key Judgments

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