| Part I - Disallowance in Respect of Cash Payment Exceeding Prescribed Limit [Section 40A(3)] |
1
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| Disallowance of Cash Payments |
2
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| Historical Background of Section 40A(3) Disallowance |
6
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| Object of Section 40A(3) |
9
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| Constitutional Validity of Section 40A(3) |
12
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| Scope and Applicability of Section 40A(3) |
15
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| Applicability of Section 40A(3) in Case of Charitable Trusts and Exempt Institutions |
29
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| Issues Relevant to Section 40A(3) As Clarified by CBDT Via Various Circulars |
32
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| Exceptional Circumstances as Per Rule 6DD Enabling Cash Payments Bypassing Section 40A(3) and 40A(3A) |
35
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| Tax Audit Requirements Vis-a-Vis Section 40A(3) |
51
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| Conveyancing Tips in Relation to Disallowance under Section 40A(3) |
56
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| FAQ Regarding Disallowance of Cash Payments |
58
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| Part II - Income from Undisclosed Sources |
62
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| Section A - Taxation and Penal Consequences of Income from Undisclosed Sources |
62
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| Deemed Income under Sections 68 to 69D |
62
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| Taxation of Incomes Referred to in Sections 68 to 69D |
66
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| Penal Consequences Post Invocation of Sections 68 to 69D |
71
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| Penalty on Undisclosed Incomes Found in Search Cases |
73
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| Penalty for False Entry, Fake Invoices, Etc. |
83
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| Section B - Cash Credits [Section 68] |
85
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| Chargeability under Section 68 |
85
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| Nature, Scope and Mandate of Section 68 |
91
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| Maintenance of Books of Accounts Vis-a-Vis Addition under Section 68 |
97
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| Approach of Assessing Officer While Invoking Section 68 |
103
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| Onus to Prove Regarding Cash Credit |
110
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| Source of Source Not Required to be Proved |
135
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| Shifting of Burden of Proof to Revenue |
140
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| Role of Assessee's Explanation Regarding Credit Entries |
149
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| Treatment of Credit Appearing in the Name of Third Party, i.e., Unsecured Loans |
189
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| Examination As to Genuineness of Cash Credit |
189
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| Justification of Addition under Varying Circumstances |
217
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| Gift Vis-a-Vis Addition under Section 68 |
237
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| Long Term Capital Gain Vis-a-Vis Addition under Section 68 |
267
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| Telescoping of Intangible Additions |
274
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| Peak Credit Theory - Applicability under Section 68 |
288
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| Cash Credit Vis-a-Vis Partnership Firm |
288
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| Share Capital of Companies and Cash Credit |
302
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| Source of Share Application Money Needs to be Explained by Share Applicants in Case of Closely Held Companies |
340
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| Shell Companies Vis-a-Vis Addition under Section 68 |
344
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| Cash Deposits under Varying Fact Situations Vis-a-Vis Addition under Section 68 |
346
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| Cash Credit Perspective in Estimation of Business Income |
367
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| Relevance of Tribunal's Finding Vis-a-Vis Cash Credit |
372
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| Powers and Duties of Assessing Officer Vis-a-Vis Invoking of Section 68 |
375
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| Conveyancing Solutions in Cash Credits Specific Matters |
384
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| Section C - Unexplained Investments [Section 69] |
403
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| Addition under Section 69 |
403
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| Burden of Proof under Section 69 and Opportunity of Hearing |
411
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| Justifiability or Otherwise of Addition under Section 69 |
421
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| Addition under Section 69 Vis-a-Vis Construction Cost |
431
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| Addition under Section 69 Consequent to Search, Seizure and Survey Proceedings |
438
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| Addition on Account of Unexplained Jewellery |
451
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| Addition on Account of Unaccounted Sales and Bogus Purchases |
456
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| Excess Stock Vis-a-Vis Addition under Section 69 |
467
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| Undisclosed or Unexplained Investment in Property |
476
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| Unexplained Deposit in Bank Account |
485
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| Gift Vis-a-Vis Addition under Section 69 |
492
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| Unexplained Investments in Shares, Bonds, FD's, Etc. |
495
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| Miscellaneous Fact Situations and Addition under Section 69 |
502
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| Conveyancing As to Section 69 |
527
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| Section D - Unexplained Money, Jewellery, Etc. [Section 69A] |
530
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| Addition under Section 69A |
530
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| Presumption As to Ownership |
535
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| Opportunity of Hearing and Burden of Proof |
542
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| Addition on Account of Unexplained Jewellery |
451
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| Cases of Unexplained Cash |
555
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| Justifiability or Otherwise of Addition under Section 69A |
566
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| Conveyancing As to Section 69A |
584
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| Section E - Amount of Investments, Etc., Not Fully Disclosed in Books of Accounts [Section 69B] |
587
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| Addition under Section 69B |
587
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| Addition under Section 69B Where Not Sustainable |
596
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| Additions under Section 69B Where Sustainable |
609
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| Conveyancing As to Section 69B |
614
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| Section F - Unexplained Expenditure [Section 69C] |
619
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| Addition on Account of Unexplained Expenditure |
619
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| Conveyancing As to Section 69C |
649
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| Section G - Amount Borrowed or Repaid on Hundi [Section 69D] |
652
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| Addition of Hundi Amount under Section 69D |
652
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| Conveyancing As to Section 69D |
659
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| Section H - Demonetisation Vis-a-Vis Income From Undisclosed Sources |
662
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| Addition in Wake of Demonetisation |
662
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| Applicability of Section 68 or Section 69A in Demonetisation Cases |
665
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| Post Demonetisation Cash Deposit Consequences |
667
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| Addition on Account of Cash Deposit During Demonetisation - Related Case Law |
677
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| Acceptance of Old Currency Notes Against Sales After Becoming Illegal Tender - Related Issues |
686
| >> |
| Scheme of Declaration in Pradhan Mantri Garib Kalyan Yojana [Relevant from 17-12-2016 to 31-3-2017] |
691
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| Checklist Regarding Verification of Cash Deposits |
695
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| Queries and Reply Vis-a-Vis Demonetisation Cases |
699
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| Deposit of High Denomination Note in Wake of Earlier Demonetisation Scenario Vis-a-Vis Income from Undisclosed Sources |
706
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| Declaration Under Voluntary Disclosure Schemes During Demonetisation Vis-a-Vis Addition under Section 68 |
711
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| Declaration under Vivad Se Vishwas Scheme Salient Features |
719
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| Part III - Acceptance or Repayment of Loan/ Deposit/Specified Sum or Advances in Cash |
728
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| [Sections 269SS & 269T] |
728
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| Restriction on Acceptance and Taking of Loan, Deposits or Specified Sum [Section 269SS] |
729
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| Bar to Repayment of Loan or Deposit or Specified Advance in Cash [Section 269T] |
751
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| Escapement From Penalty under Sections 271D and 271E Owing to Reasonable Cause |
759
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| Tax Audit Requirement Vis-a-Vis Sections 269SS and 269T |
771
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| Conveyancing Tips As to Imposition of Penalty for Violation of Sections 269SS and 269T |
775
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| Part IV - Miscellaneous Issues Dealing with Cash Transactions |
781
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| Restriction on Cash Receipts and Management in Regard Thereto |
781
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| Acceptance of Payment Through Prescribed Electronic Modes [Section 269SU] |
789
| >> |
| Presumptive Income under Section 44AD and Mode of Transaction |
791
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| Treatment of Cash Donations or Cash Contributions |
795
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| Treatment of Cash Gifts |
798
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| Handling Cash Found During Survey |
803
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| Handling Cash Found During Search |
810
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| TDS on Cash Withdrawals |
821
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| Promotion of Less Cash Transactions |
826
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