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

Ahmedabad ITAT Deletes Section 69A Addition on Cash Deposits; Accepts Cash Savings and Bank Withdrawals as Explained Source

Case Law Details

Case Name
PramodarayNaranaprasad Pathak Vs ITO (ITAT Ahmedabad)
Date of Judgement/Order
Only available for paid members
Related Assessment Year
2020-2021
Advertisement PramodarayNaranaprasad Pathak Vs ITO (ITAT Ahmedabad) Ahmedabad ITAT Deletes Section 69A Addition on Cash Deposits; Accepts Cash Savings and Bank Withdrawals as Explained Source The Ahmedabad ITAT allowed the assessee’s appeal and deleted the addition of ₹5,00,100 made under section 69A, holding that the cash deposited in the post office account stood satisfactorily explained through cash savings from earlier years and withdrawals from bank accounts. The assessee, who earned his livelihood through priesthood and catering, had not filed a return of income for AY 2020-21...
This is premium content. Please become a Premium member. If you are already a member, login here to access the full content.
Advertisement

Author Info

CA Vijayakumar Shetty
Qualification: CA in Practice
Company: Shetty & Co, Chartered Accountants, Mangalore
Location: Mangalore, Karnataka
Articles Published: 5,842

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Your email address will not be published.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 *