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Case Law Details

Case Name : Gurdas Mal Arora Vs Assessing Officer (ITAT Lucknow)
Related Assessment Year : 2017-18
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Gurdas Mal Arora Vs Assessing Officer (ITAT Lucknow)

Demonetisation Cash Deposits Upheld as Unexplained — ITAT Lucknow Confirms Addition u/s 69A & Salary Disallowance u/s 40A(2)(b)

The Lucknow Bench of the ITAT dismissed the assessee’s appeal for AY 2017-18 and upheld the addition of ₹1.93 crore as unexplained money on account of cash deposits made during the demonetisation period, along with d

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Author Bio

CA Vijayakumar Shetty qualified in 1994 and in practice since then. Founding partner of Shetty & Co. He is a graduate from St Aloysius College, Mangalore . View Full Profile

My Published Posts

840-Day Appeal Delay Not Condoned; Blaming CA Not Sufficient Cause: ITAT Bangalore Educational Society Cannot Be Treated as Religious Trust Without Evidence: ITAT Bangalore Sec 270A Penalty: Immunity U/s 270AA Cannot Be Denied Without Hearing – ITAT Bangalore ITAT Bangalore Deletes Sec 69A Addition on Demonetisation Cash Deposits Explained by Earlier Withdrawals Sec 68 Addition on Opening Loans Deleted; Interest & Salary Allowed – ITAT Bangalore View More Published Posts

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