FMCG Retail Business

ITAT Deletes Rs. 35.22 Lakh Demonetisation Addition; Cash Sales Accepted as Genuine The assessee, Marche Retail Pvt. Ltd., engaged in FMCG wholesale and retail business through multiple outlets, filed its return for AY 2017-18, declaring income of Rs. 59.94 lakh. During the assessment, the Assessing Officer noticed that the assessee had deposited Rs. 1.44 crore…