ITAT Deletes Rs.16 Lakh Addition on Demonetisation-Era Cash Deposits:

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

authorSaimadateAug 21, 2026
Last update on 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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Saima

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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.
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