Pushpavati Janardhan Rao Vs Income Tax Officer ITAT Mumbai Case

ITAT Deletes Addition on Demonetisation Cash Deposits Supported by Opening Cash Balance and Business Records The Income Tax Appellate Tribunal (ITAT) Mumbai has deleted the addition of Rs 25.70 lakh made under Section 69A and observed that a finding based only on doubt, without any adverse material, is unsustainable. The assessee is engaged in the…