ITAT Deletes Section 68 Addition on Explained Demonetisation Cash Deposits:

ITAT Deletes Section 68 Addition on Explained Demonetisation Cash Deposits

ITAT accepts audited books, deletes Section 68 addition on explained demonetisation cash deposits and records.

Audited books and cash records sufficient to explain demonetisation cash deposits.

authorMeetu KumaridateJul 7, 2026
Last update on Jul 7, 2026
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ITAT Deletes Section 68 Addition on Explained Demonetisation Cash Deposits

ITAT accepts audited books, deletes Section 68 addition on explained demonetisation cash deposits and records.

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High Court Quashes Income Tax Demand Against Contractual Worker Over Misuse of PANIncome Tax Department Suspects Rs 5,121 Crore Tax Evasion in Uttar Pradesh After Examining Over 26,000 Property Registration DocumentsITAT Deletes Rs 2.06 Crore Addition Under Section 68 for Unsecured LoansITAT Holds Section 263 Revision Invalid on Taxability of Interest Under Section 28 of Land Acquisition Act

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Meetu Kumari

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Meetu Kumari is an Experienced Advocate and Content Writer with 4+ years of demonstrated history of working in the law practice industry. Skilled in Developing Content, Researching, and Drafting. Strong professional with a Bachelor of Science (B.Sc.) focused on Law from Gujarat National Law University.
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