Sec 68 unexplained income
This query is : Open
12 December 2025
A person received rs. 1,00.000=00 in cash as refund of advance money given for purchase of property, as purchase didn't happen. Should he offer rs. 1,00,000=oo u/s 68 , since he cannot get confirmation from person refunded money. the same cash has been deposited in bank.
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