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Case Law Details

Case Name : Seven Jewels Vs ACIT (ITAT Mumbai)
Appeal Number : ITA No. 1428/Mum./2021
Date of Judgement/Order : 10/03/2022
Related Assessment Year : 2015-16
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Seven Jewels Vs ACIT (ITAT Mumbai)

As per the provisions of section 69C of the Act, in case the assessee fails to explain the source of expenditure or part thereof to the satisfaction of the AO, such expenditure shall be considered as unexplained expenditure and be deemed to be i

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