Sponsored
    Follow Us:

Case Law Details

Case Name : Sudarshan Purushothama Vs ITO (ITAT Bangalore)
Related Assessment Year : 2017-18
Become a Premium member to Download. If you are already a Premium member, Login here to access.
Sponsored

Sudarshan Purushothama Vs ITO (ITAT Bangalore)

Sudarshan Purushothama, a partner in M/s. SRK OFFICE-X, filed his income tax return for the Assessment Year (A.Y.) 2017-18, declaring an income of Rs. 5,17,030. His case was selected for scrutiny under the Cash Transaction Analysis System (CASS) due to cash deposits made during the demonetization period. The Income Tax Officer (ITO) assessed his income as Rs. 18,56,029, adding Rs. 11,79,000 as unexplained money under Section 69A of the Income Tax Act.

Purushothama appealed against the addition, claiming that the cash deposits we

Please become a Premium member. If you are already a Premium member, login here to access the full content.

Sponsored

Join Taxguru’s Network for Latest updates on Income Tax, GST, Company Law, Corporate Laws and other related subjects.

Leave a Comment

Your email address will not be published. Required fields are marked *

Sponsored
Sponsored
Ads Free tax News and Updates
Sponsored
Search Post by Date
March 2025
M T W T F S S
 12
3456789
10111213141516
17181920212223
24252627282930
31