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Demonetization Deposits Explained: Section 68/69A not Invocable

Income Tax : ITAT Delhi held that provisions of section 68 or 69A of the Income Tax Act for cash deposit during demonetization period unjustifi...

February 12, 2025 69 Views 0 comment Print


Latest Posts in 14

Demonetization Deposits Explained: Section 68/69A not Invocable

February 12, 2025 69 Views 0 comment Print

ITAT Delhi held that provisions of section 68 or 69A of the Income Tax Act for cash deposit during demonetization period unjustified since source of cash deposits duly explained. Hence, addition liable to be deleted.

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