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Income Tax - Highlights / Catch Notes

Home Highlights April 2023 Year 2023 This

Unexplained cash deposits into bank accounts during ...

Case Laws     Income Tax

April 8, 2023

Unexplained cash deposits into bank accounts during demonetization period - If we consider the quantum of cash deposits into bank accounts of the assessee and the quantum of the business of the assessee, then the explanation of the assessee seems to be reasonable and deserves to be accepted. - No additions - AT

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