https://www.taxtmi.com/acts?id=40639 Where a sum credited consists of a loan, borrowing or analogous amount, an assessee's explanation is not satisfactory unless the person in whose name the credit is recorded also explains the nature and source of the sum and the Assessing Officer has, in his opinion, found that explanation satisfactory; textual substitutions further adjust proviso cross references. en-us Mon, 28 Mar 2022 13:13:56 +0530 Sat, 02 Apr 2022 10:39:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=40639 Where a sum credited consists of a loan, borrowing or analogous amount, an assessee's explanation is not satisfactory unless the person in whose name the credit is recorded also explains the nature and source of the sum and the Assessing Officer has, in his opinion, found that explanation satisfactory; textual substitutions further adjust proviso cross references. Act-Rules F. Acts / Amendment Acts Mon, 28 Mar 2022 13:13:56 +0530 https://www.taxtmi.com/acts?id=40639