Case Law Details
Case Name : Kishor Vitthal Kolhe Vs DCIT (ITAT Pune)
Related Assessment Year : 2017-18
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Kishor Vitthal Kolhe Vs DCIT (ITAT Pune)
Demonetisation Cash Deposits: ITAT Pune Partly Sustains Section 68 Addition, Grants 50% Relief
The Pune Bench of the ITAT partly allowed the appeal of an individual assessee for AY 2017-18, restricting the addition made under section 68 read with section 115BBE in respect of cash deposits during the demonetisation period.
The assessee, engaged in travel agency and petrol pump business, had deposited cash of ₹2.60
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