Cash found & seized- Arguments must be substantiated by Documents

Devendra Kumar Jhanwar Vs ITO (ITAT Jodhpur)

The impugned addition stem from the fact that an amount of Rs.8 Lacs in cash (in old currency notes of denomination of Rs.500 & Rs.1000 as demonetized by government on 08/11/2016) was found from the possession of the assessee on 18/11/2016 at arrival terminal of Maharana Pratap Airport, Udaipur, Rajasthan. Accordingly, warrant of authorization Please become a Premium member. If you are already a Premium member, login here to access the full content.