Bank certificate show cash Deposits during demonetisation: ITAT deletes addition u/s 69A

Jagdish Prasad Vs ITO (ITAT Lucknow)

In the matter abovementioned ITAT deleted additions u/s 69A made on account of cash deposit during demonetization after considering the bank certificate which show actual amount of cash deposit.

Assessment was completed at Rs.8,79,916/- by making an addition of Rs. Rs.5,39,500/- u/s 69A on the ground that the aforesaid amount was deposited by the assessee during demonetization period.  First appeal was dismissed by Addl/JCIT(A).

Before ITAT it was submitted on behalf of assessee that assessee submitted that amount of Rs.39,500/- w

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