ITAT Deletes Rs.16 Lakh Addition on Demonetisation-Era Cash Deposits:
The ITAT Ahmedabad rules Demonetisation cash deposits cannot be treated as undisclosed income when sales and business profits are offered to tax
ITAT Allowed Assessee’s Appeal
Saima
Aug 21, 2026
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ITAT Deletes Rs.16 Lakh Addition on Demonetisation-Era Cash Deposits
The ITAT Ahmedabad rules Demonetisation cash deposits cannot be treated as undisclosed income when sales and business profits are offered to tax
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About Author
Saima
Content Writer
Saima is a Law graduate with a passion for research and content writing. She writes for Finance, Taxation and Legal Updates at Studycafe.in, simplifying complex legal decisions by the ITAT, High Court, AAR and GSTAT into uncomplicated and clear explanations.
Saima is a Law graduate with a passion for research and content writing. She writes for Finance, Taxation and Legal Updates at Studycafe.in, simplifying complex legal decisions by the ITAT, High Court, AAR and GSTAT into uncomplicated and clear explanations.
StudyCafe
Delhi, Delhi, India
623My Recent Articles
- ITAT Allows Section 80P(2)(a)(i) Deduction on Interest Earned from Statutory Deposits with Co-operative Banks
- ITAT Upholds PCIT's Revisionary Order Under Section 263 for Fresh Verification
- ITAT Remands Reassessment to AO to Examine Validity of Notice Issued in Another Person’s Name
- ITAT Remands Section 80P Deduction Claim for Fresh Adjudication
- ITAT Remands Demonetisation Cash Deposit Case After Assessee Suffers Severe Fire Injuries
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