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Case Law Details

Case Name : Ajit Bapu Satam Vs DCIT (ITAT Mumbai)
Appeal Number : ITA No.1599/Mum./2021
Date of Judgement/Order : 29/08/2022
Related Assessment Year : 2017–18
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Ajit Bapu Satam Vs DCIT (ITAT Mumbai)

Held that cash withdrawn by the assessee from the bank was much more than the amount deposited due to demonetization. Further, there is no findings by the authorities that this cash available with the assessee was invested or utilised for any

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