https://www.taxtmi.com/acts?id=4260 Where an assessee's investments or ownership of bullion, jewellery or other valuable articles exceed amounts recorded in the books of account and the assessee offers no explanation or an explanation the assessing officer finds unsatisfactory, the assessing officer may deem the excess amount to be the income of the assessee for that financial year. en-us Sat, 19 Jan 2008 22:45:54 +0530 Thu, 28 Aug 2025 11:55:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=4260 Where an assessee's investments or ownership of bullion, jewellery or other valuable articles exceed amounts recorded in the books of account and the assessee offers no explanation or an explanation the assessing officer finds unsatisfactory, the assessing officer may deem the excess amount to be the income of the assessee for that financial year. Act-Rules Income Tax Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=4260