This is premium content. Please become a Premium member. If you are already a member, login here to access the full content.
No addition for explained demonetization currency deposited in Bank
Case Law Details
- Case Name
- Mewar Hospital Pvt. Ltd. Vs ACIT (ITAT Jodhpur)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 2012-13
- Courts
- All ITAT, ITAT Jodhpur
Upgrade to Basic or Premium to download.
Already Upgraded? Log in.
Advertisement
Mewar Hospital Pvt. Ltd. Vs ACIT (ITAT Jodhpur)
The apple of discord in this case cash deposited by the assessee in the bank account of specified bank notes in the form of 500 and 1000 of Rs. 1,84,36,500/- whether the same is unexplained money or not. It is not under dispute that the assessee has considered the impugned amount received as cash receipts and there is no dispute on that receipt already offered by the assessee. The Bench also noted that the assessee is running of pharmacy unit and the government has released by the adversary that specified bank notes to this pharm...





