Unexplained Cash deposit during demonetization - Assessee is ...

Case Laws Income Tax

November 10, 2022

Unexplained Cash deposit during demonetization - Assessee is regular in filing his Return of Income for more than nine years and has already shown his books of accounts and submitted the same to the Assessing Officer to show that he has sufficient cash balance to justify cash deposit during demonetization and hence no adverse view should be drawn in absence of any finding that the cash withdrawn is used for any unaccounted income or any unaccounted asset - AT

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Unexplained Cash deposit during demonetization - Assessee is ...

Case Laws Income Tax

November 10, 2022

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