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Case Law Details

Case Name : Gauri Kumar Vs DCIT (ITAT Bangalore)
Related Assessment Year : 2020-21
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Gauri Kumar Vs DCIT (ITAT Bangalore)

Cash found during survey explained – Gifts from relatives, professional receipts & firm withdrawals accepted; additions deleted – ITAT Bangalore

In Ms. Gauri Kumari & Shri Ashish Agarwal vs DCIT (A.Y. 2020-21), cash of ₹78 lakh was seized following a police complaint, out of which the assessees admitted ownership of ₹23 lakh and ₹25 lakh respectively, claiming sources as gifts from relatives, professional receipts and

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