Section 69C: Court Rules No Double Taxation on Unexplained Expenditure Due to Offset Credit and Debit Entries.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Addition u/s 69C - unexplained expenditure - Double taxation - the credit entry was effectively neutralised by corresponding entry on the debit side. This is not, therefore, a case of double taxation.....