{"id":42778,"date":"2024-06-15T11:55:45","date_gmt":"2024-06-15T06:25:45","guid":{"rendered":"https:\/\/itatonline.org\/digest\/?post_type=qa&#038;p=42778"},"modified":"2024-06-15T11:55:45","modified_gmt":"2024-06-15T06:25:45","slug":"section-115bbe-of-income-tax-act-1961","status":"publish","type":"qa","link":"https:\/\/itatonline.org\/digest\/qa\/section-115bbe-of-income-tax-act-1961\/","title":{"rendered":"Section 115BBE of Income tax Act, 1961"},"content":{"rendered":"<ol>\n<li><strong>Section 115BBE<\/strong> (1) in both sub clauses (a) &amp; (b) of the act, use the word if the total income <strong>\u2018includes<\/strong>\u2019 any income referred to in\u00a0section 68,\u00a0section 69,\u00a0section 69A,\u00a0section 69B,\u00a0section 69C\u00a0or\u00a0section 69D<\/li>\n<li>Therefore, is it a pre-condition that section 115BBE would apply only when an assessee has total income which includes both regular income and specified income ??<\/li>\n<li>IF the only income of appellant is specified income and if that Specified Income (i.eUnexplained Investment u\/s 69) is Only Rs 1,00,000\/- and regular income is NIL whether section 115BBE working be applied ?<\/li>\n<li>For calculation of tax between (i) and (ii) of Section 115BBE the word <strong>\u2018and\u2019<\/strong> is used meaning thereby that the existence of both (i) and (ii) are necessary for calculating the tax liability under the Act.<\/li>\n<li>Can you help us to provide more insight on the above issue and provide us with Case laws or Case Judgements in favour of assessee.<\/li>\n<li>Thank You, Awaiting for an early response<\/li>\n<\/ol>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","qa_expert":[],"qa_category":[23],"qa_tag":[435],"class_list":["post-42778","qa","type-qa","status-publish","hentry","qa_category-income-tax","qa_tag-section-115bbe"],"acf":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa\/42778","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/qa"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=42778"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=42778"}],"wp:term":[{"taxonomy":"qa_expert","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa_expert?post=42778"},{"taxonomy":"qa_category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa_category?post=42778"},{"taxonomy":"qa_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa_tag?post=42778"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}