Case Law Details
Case Name : Karan Kumar Vs ITO (ITAT Lucknow)
Related Assessment Year : 2017-18
Courts :
All ITAT ITAT Lucknow
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Karan Kumar Vs ITO (ITAT Lucknow)
Maths Beats Suspicion! Cash Flow Explained, Addition Denied- Cash Withdrawn > Cash Deposited? ITAT Says: Simple Maths, No 69A
In this case, Assessee was a salaried individual earning only salary & bank interest, & had filed his return declaring income of ₹5,62,840 for A.Y. 2017-18. During demonetisation, he deposited ₹4,41,500 Please become a Premium member. If you are already a Premium member, login here to access the full content.
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