Poplar Tree Sale Accepted as Genuine; Section 115BBE Not Applicable: ITAT Dehradun

Dinesh Chand Vs ITO (ITAT Dehradun) Poplar Tree Sale Accepted, 115BBE Not Applicable – ITAT Dehradun Grants Partial Relief on Demonetisation Deposits Assessee had deposited ₹35 lakh in cash during the demonetisation period, which AO treated as unexplained money u/s 69A since no return or explanation was filed. CIT(A) partly accepted Assessee’s explanation and confirmed addition of ₹22 lakh. Before ITAT, Assessee produced a certificate from Revenue Authorities showing existence & sale of Poplar Trees grown on family land and claimed ₹15 lakh from such sale. He also explained ₹3....