https://www.taxtmi.com/highlights?id=36294 If the unaccounted expenditure so incurred was from the 'on money' received by the assessee, then, the question of making any addition under Section 69C does not arise because the source of the expenditure is duly explained. It is only the 'on money' which can be considered for the purpose of taxation. - HC en-us Thu, 14 Sep 2017 08:08:21 +0530 Thu, 14 Sep 2017 08:08:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=36294 If the unaccounted expenditure so incurred was from the 'on money' received by the assessee, then, the question of making any addition under Section 69C does not arise because the source of the expenditure is duly explained. It is only the 'on money' which can be considered for the purpose of taxation. - HC Highlights Income Tax Thu, 14 Sep 2017 08:08:21 +0530 https://www.taxtmi.com/highlights?id=36294