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Income Tax - Highlights / Catch Notes

Home Highlights September 2014 Year 2014 This

Section 69C of the Act would take in its sweep, not only of the ...


Section 69C Covers Both Recorded and Unexplained Expenditures, Requires Satisfactory Explanation from Assessees.

September 12, 2014

Case Laws     Income Tax     HC

Section 69C of the Act would take in its sweep, not only of the expenditure which was reflected in the books of accounts about also the other items of expenditure regarding which no proper explanation is forthcoming from the assessees - HC

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