Advertisement
Advertisement
Skip to content
Follow Us on
Advertisement
TOP STORIES
Income Tax

Addition of cash deposit during demonetization unsustained as agriculture was only source of income

Case Law Details

Case Name
Chaudhary Mange Ram Panwar Vs ITO (ITAT Dehradun)
Date of Judgement/Order
Only available for paid members
Related Assessment Year
2017-18
Advertisement Chaudhary Mange Ram Panwar Vs ITO (ITAT Dehradun) ITAT Dehradun held that addition of cash deposits made during the demonetization period unsustained as predominant source of income was only agricultural income and no other source of income is brought on record by AO. Facts- The only effective issue to be decided in this appeal is as to whether learned Commissioner of Income Tax (Appeals) [‘CIT(A)’] was justified in partially confirming the addition made on account of cash deposits during the demonetization period. Notably, a sum of Rs.13,17,500/- was deposited in cash by ...
This is premium content. Please become a Premium member. If you are already a member, login here to access the full content.
Advertisement

Join TaxGuru's Network for the latest updates on Income Tax, GST, Company Law, Corporate Laws and other related subjects.

Leave a Reply

Your email address will not be published. Required fields are marked *