Demonetisation Cash Deposits Partly Explained, Balance Deleted

Yadagiri Gurram Vs ITO (ITAT Hyderabad) Demonetisation Cash Deposits: ITAT Hyderabad Grants Partial Relief; DIN Objection Rejected The Hyderabad SMC Bench of the ITAT partly allowed the assessee’s appeal for AY 2017-18 arising from cash deposits during the demonetisation period. The Tribunal rejected the legal challenge to the assessment on the ground of non-mention of DIN, holding that where the assessment order bears a system-generated unique number and barcode, mere absence of the word “DIN” does not invalidate the order. On merits, the ITAT dealt with the sustained addition of ₹7,1...