https://www.taxtmi.com/highlights?id=73778 Addition u/s 68 - receipt was not declared in the ROI and the receipt remain unexplained - taxation of additional income u/s 115BBE - The said income is already offered in the revised return, therefore has to be taxed as income from business, and therefore the provisions of section 115BBE of the Act are not applicable with reference to the said income. - AT en-us Tue, 26 Dec 2023 15:36:20 +0530 Tue, 26 Dec 2023 15:36:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=73778 Addition u/s 68 - receipt was not declared in the ROI and the receipt remain unexplained - taxation of additional income u/s 115BBE - The said income is already offered in the revised return, therefore has to be taxed as income from business, and therefore the provisions of section 115BBE of the Act are not applicable with reference to the said income. - AT Highlights Income Tax Tue, 26 Dec 2023 15:36:20 +0530 https://www.taxtmi.com/highlights?id=73778