Unexplained expenditure u/s. 69C and Addition under s. 41(1) on the ground that there was remission or cessation of liability

Unexplained expenditure u/s. 69C :- Sec. 69C refers to the ‘source of the expenditure’ and not to the expenditure itself; further, in the absence of any material found during the search, addition of expenditure would not be justified in the block assessment.

Addition un

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