ITAT Says No Addition if Deposits Are Recorded in Books Despite PAN Confusion:

The ITAT Bangalore holds that cash deposits linked to an old PAN cannot automatically be treated as unexplained where the amounts were recorded in books
ITAT Remands Section 69A Addition

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ITAT Says No Addition if Deposits Are Recorded in Books Despite PAN Confusion
The ITAT Bangalore holds that cash deposits linked to an old PAN cannot automatically be treated as unexplained where the amounts were recorded in books
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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
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