https://www.taxtmi.com/acts?id=45744 Where an assessee is found to own money, bullion, jewellery or other valuable articles not recorded in books of account for any source of income, and offers no explanation or an explanation deemed unsatisfactory by the Income-tax Officer, the unrecorded money and the value of such bullion, jewellery or valuable articles may be deemed to be the assessee's income for that financial year. en-us Mon, 02 Dec 2024 17:42:08 +0530 Mon, 02 Dec 2024 17:42:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=45744 Where an assessee is found to own money, bullion, jewellery or other valuable articles not recorded in books of account for any source of income, and offers no explanation or an explanation deemed unsatisfactory by the Income-tax Officer, the unrecorded money and the value of such bullion, jewellery or valuable articles may be deemed to be the assessee's income for that financial year. Act-Rules F. Acts / Amendment Acts Mon, 02 Dec 2024 17:42:08 +0530 https://www.taxtmi.com/acts?id=45744