Survey Surrender Explains Demonetisation Cash, ₹75 Lakh Addition Deleted

Deven Chaudhary Vs DCIT (ITAT Agra) Survey Surrender Explains Demonetisation Cash: ITAT Agra Deletes ₹75 L Addition & 115BBE Tax In Deven Chaudhary vs. DCIT, Circle-1(3)(1), Mathura (ITA No. 08/Agr/2025) and Sudhir Chaudhary vs. DCIT (ITA No. 246/Agr/2025), AY 2017-18; order dated 29-12-2025, the Agra Bench of the ITAT granted complete relief in respect of cash deposits during demonetisation. The Assessing Officer had treated ₹75,00,000 deposited during the demonetisation period as unexplained money u/s 69A and taxed it u/s 115BBE, rejecting the Assessees’ explanation that the cash c...