Unexplained expenditure.

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..... tax year, and-- (a) the assessee offers no explanation about the source of such expenditure or part thereof; or (b) the explanation offered by the assessee is not satisfactory in the opinion of th .....

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..... re incurred by the assessee shall be deemed to be unexplained expenditure and be included in the total income of the assessee.
Statute, statutory provisions legislation, law, enactment, Acts, Rules .....

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