ITAT Deletes ₹2 Lakh Demonetisation Cash Addition Citing CBDT Instruction

Nikita Gupta Vs ITO (ITAT Indore) In the case of Nikita Gupta vs. Income Tax Officer (ITAT Indore), the assessee appealed against the order dated 17.02.2023 of the Commissioner of Income Tax (Appeals), New Delhi, for the Assessment Year 2017–18. The appeal arose from an assessment order passed under Section 144 read with Section 142(1) of the Income Tax Act, 1961, by the Income Tax Officer, Ratlam. Condonation of Delay The Registry reported a delay of seven days in filing the appeal. The assessee submitted an application for condonation of delay along with an affidavit, explaining that the p...