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Unexplained investment.
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....s been made by the assessee which is not recorded in the books of account, if any, maintained by such assessee, or, the Assessing Officer finds that the amount of such investment exceeds the amount re....
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....the case may be, shall be deemed to be the income of the assessee of that tax year. - Clause 103 of the Bill provides for unexplained investment. It also seeks to provide the circumstances or con....