Unexplained investment
This query is : Resolved
18 November 2017
is there any way to defend unexplained investment u/s 69 of IT Act?
18 November 2017
Can defend
i) If you can prove that the investment came out from explainable source or
ii) if you can prove that the Income tax officer has not brought on record material
from which he/she could conclude that the investment is made by you
i) If you can prove that the investment came out from explainable source or
ii) if you can prove that the Income tax officer has not brought on record material
from which he/she could conclude that the investment is made by you
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