Limited Scrutiny Breach &; Explained Cash Deposits – Addition Deleted

Rashmi Hitesh Anandani Vs ITO (ITAT Pune) Limited Scrutiny Breach & Explained Cash Deposits – Addition Deleted The ITAT condoned a minor delay of 13 days in filing the appeal due to genuine reasons including the demise of the assessee’s father and procedural delays. On merits, the case involved addition under section 69 for alleged unexplained cash deposits, including during the demonetization period. The Tribunal held that the Assessing Officer exceeded jurisdiction by examining total cash deposits despite the case being selected for limited scrutiny only for demonetization deposits. ...