Insertion of New Section 69B

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..... wing section shall be inserted under the sub heading "Aggregation of Income", namely : "69B. Amount of investments, etc., not fully disclosed in books of account. Where in any financi .....

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..... e assessee offers no explanation about such excess amount or the explanation offered by him is not, in the opinion of the Income tax Officer, satisfactory, the excess amount may be deemed to be the in .....

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