Addition U/s. 69A r.w.s 115BBE - unexplained cash deposits - the ...

Unexplained Cash Deposits Disputed; Assessee's Role as Agent for Mobile Top-Ups during Demonetization Recognized.

December 5, 2023

Case Laws Income Tax AT

Addition U/s. 69A r.w.s 115BBE - unexplained cash deposits - the assessee acted merely as an agent to the IDEA Cellular and during the demonetization period, the RBI as well as the Central Government have also approved for making payments towards pre-paid mobile top-up to a limit of Rs. 500/- for every top-up - Additions deleted - AT

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Addition U/s. 69A r.w.s 115BBE - unexplained cash deposits - the ...

Unexplained Cash Deposits Disputed; Assessee's Role as Agent for Mobile Top-Ups during Demonetization Recognized.

December 5, 2023

Case Laws Income Tax AT

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