The phrase "wrongful gain" is broadly defined under Section 23 of the Indian Penal Code. Wrongful gain is when someone obtains something to which they are not lawfully entitled by using illegal means. Contrarily, wrongful loss is the unlawful loss of property to which the person who loses it has a legal claim.

What is Wrongful gain or loss?

The phrase “wrongful gain” is broadly defined under Section 23 of the Indian Penal Code. […]