1) S66: Total Income

2) S68: Cash Credit

i) In book the amount credited in capital, loan or suspense account it is treated as
income of assessee of that PY if explanation offered regarding nature and source of
that income is not satisfactory
3) S69: Unexplained Investment
i) If AO found investments such as land and building not recorded in book of account,
then he may treat that as income in that respective financial year.
4) S69A: Unexplained Money
i) Money, cheques, drafts, bullion, valuable articles not recorded in books is treated as
income for such FY.
5) S69B: Investment not fully disclosed in Books
i) If only part of investment or money is recorded in books of accounts then the rest of
the amounts is taxable as income of the assessee for such FY.
6) S69C: Unexplained expenditure
i) Income claimed and not supported by evidence is treated as income of assessee for
such FY.
7) S69D: Amount borrowed or repaid on Hundi
i) If any amount is borrowed or repaid other than mode of a/c payee cheque then it is
treated as income of the assessee for such FY.
8) S115BBE:
i) The disallowance u/s 68 to 69D is chargeable in this section.
ii) Tax Rate is 60%
iii) In certain cases, the tax rate is further increased to 25% surcharge, 6% penalty and
final rate will come to 83.25%.
iv) No deduction will be made for the above said disallowances.