4 results for “section 68”+ Unexplained Moneyclear
Sorted by relevance
Bench: SANJEEV PRAKASH SHARMA,SHUBHA MEHTA
money from the assessee to the third party is fallacious and has been repeatedly rejected, even when Section 68 of the Act was not in the statute. In A. Govindarajulu Mudaliar v. CIT [1958] 34 ITR 807 (SC), the Supreme Court observed that it was not the duty of the Revenue to adduce evidence to show from what source, income