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Income Tax - Highlights / Catch Notes

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Unexplained expenditure u/s 69C - expenses incurred on marriage ...

Case Laws     Income Tax

March 23, 2023

Unexplained expenditure u/s 69C - expenses incurred on marriage of daughter of assessee - Assessee has cash which was withdrawn on various dates from his bank account mentioned in the capacity of individual as well as jointly with his wife and after incorporating the opening cash available with assessee out of which a sum were utilized for marriage expenses. - the assessee was discharged his burden of explaining the expenditure incurred and the source thereof - Additions deleted - AT

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