alleryStart learning →Can unexplained expenditure under section 69C be claimed as a deduction?
AYes, under business income
BYes, under house property
CNo, it is not allowed
DYes, but only half
Answer & Solution
Correct answer: C. No, it is not allowed
Section 69C provides that the unexplained expenditure deemed as income cannot also be claimed as a deduction under any head.
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