ITAT Deletes Sections 69A and 68 Additions, Holds Cash Deposits from Regular Business Sales Cannot Be Added Without Evidence:

ITAT deleted Rs 15.96 lakh additions under Sections 69A and 68, holding that cash deposits were adequately explained through disclosed business sales and audited books.
ITAT Accepts Cash Deposits as Business Receipts

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ITAT Deletes Sections 69A and 68 Additions, Holds Cash Deposits from Regular Business Sales Cannot Be Added Without Evidence
ITAT deleted Rs 15.96 lakh additions under Sections 69A and 68, holding that cash deposits were adequately explained through disclosed business sales and audited books.
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Saloni Kumari
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Saloni is a Content Writer with 2+ years of experience at studycafe.in. She writes legal, taxation, and finance related content including GST, Income Tax etc. Skilled in translating complex judicial pronouncements and regulatory developments into clear, and reader-friendly articles. Experienced in covering judgements of ITAT, High Court, GSTAT, and news related to Income Tax, GST, and corporate law. She can be reached at [email protected].
Saloni is a Content Writer with 2+ years of experience at studycafe.in. She writes legal, taxation, and finance related content including GST, Income Tax etc. Skilled in translating complex judicial pronouncements and regulatory developments into clear, and reader-friendly articles. Experienced in covering judgements of ITAT, High Court, GSTAT, and news related to Income Tax, GST, and corporate law. She can be reached at [email protected].
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