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Case Law Details

Case Name : Laveena Jain Vs ITO (ITAT Delhi)
Related Assessment Year : 2017-18
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Laveena Jain Vs ITO (ITAT Delhi)

Revenue Cannot Question Assessee’s Wisdom in Retaining Cash-ITAT Delhi Deletes Entire ₹38 Lakh Demon–Cash Deposit and Agricultural Income Additions

This appeal challenged the NFAC order dated 28.07.2025 which had affirmed additions of ₹13,00,000 u/s 69A (cash deposited during demonetization) and ₹25,00,000 u/s 68 (alleged in

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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

Penalty Deleted After ITAT Quashes Quantum Addition Invalid Notice, Wrong Remand Report & PAN Errors: ITAT Orders Fresh Assessment Seized Papers Showing Cash Payment Treated as Credible Evidence ITAT Clarifies: Working Capital Adjustment May Nullify Interest Addition Disallowance Invalid as Negative Capital Stemmed from Non-Cash Adjustment View More Published Posts

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