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of <h1>Income Tax Bill 2025: Clause 105 Treats Unexplained Expenditure as Assessee's Income, Non-Deductible from Other Provisions.</h1> Clause 105 of the Income Tax Bill, 2025, addresses unexplained expenditure. It stipulates that if an assessee incurs expenditure without providing a satisfactory explanation for its source, as determined by the Assessing Officer, the amount will be considered the assessee's income for that tax year. Furthermore, this deemed income cannot be deducted under any other provision of the Act.
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