Cash deposit during demonetization accepted as per circular no. 3 of 2017: ITAT Surat

Dhirajlal Bhagwanbhai Talaviya Vs ITO (ITAT Surat)

ITAT Surat Held that Central Board of Direct Tax (CBDT) in its Circular No.3 of 2017, on the issue of cash deposit during demonetization directed to accept the cash deposit up to Rs.2,50,000/-. Thus, addition u/s. 69A reduced by Rs. 2,50,000/- and added the balanced amount.

Please become a Premium member. If you are already a Premium member, login here to access the full content.