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Cash Deposits Cannot Be Treated as Unexplained Income Merely for Accepting Old Currency, Rules ITAT
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Cash Deposits Cannot Be Treated as Unexplained Income Merely for Accepting Old Currency, Rules ITAT
Cash Deposits Cannot Be Treated as Unexplained Income Merely for Accepting Old Currency, Rules ITAT The Income Tax Appellate Tribunal (ITAT) Ahmedabad held in favour of the taxpayer company in a case concerning cash deposits made during the demonetisation period of 2016. The assessee, M/s Krishna Petroleum, had declared a total income of about Rs […]
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