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Unaccounted / unexplained income -Section 115BBE Income Tax Applicability

Unaccounted / unexplained income -Section 115BBE of Income Tax Act – Applicability The provisions of section 115BBE of Income Tax Act (India) are as under: ♦             The Finance Act, 2012 inserted section 115BBE in the Income-Tax Act (‘the Act’) to tax unaccounted money represented by the additions covered by sections 68, 69, 69A, 69B,… Read More »