Sections 68-69C of Income Tax Act: No deductions for unexplained income. Justify your income source to claim deductions.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....When additions are made under section 68, 69, 69A, 69B and 69C, no deduction is allowed in respect of any expenditure if assessee fails to explain such income as taxable under a particular head of income..... - AT....