The Rajasthan High Court (Jaipur Bench) has ruled that the ₹2.64 crore added to the income of a real estate company on account of cash deposits made during demonetisation was not sustainable in law, rejecting the tax department’s appeal and affirming the findings of the Income Tax Appellate Tribunal (ITAT), Jaipur. The Bench of Justice…
Rs. 2.64 Crore Demonetisation Cash Deposit Addition Unjustified: Rajasthan High Court
Mariya Paliwalahttps://www.jurishour.in/
Mariya is the Senior Editor at Juris Hour. She has 7+ years of experience on covering tax litigation stories from the Supreme Court, High Courts and various tribunals including CESTAT, ITAT, NCLAT, NCLT, etc. Mariya graduated from MLSU Law College, Udaipur (Raj.) with B.A.LL.B. and also holds an LL.M. She started her career as a freelance tax reporter in the leading online legal news companies.
Latest articles
Other Laws
Conviction Can Rest on Sole Injured Eyewitness if Testimony is of ‘Sterling Quality’: Supreme Court Upholds Life Imprisonment
The Supreme Court has upheld the conviction and life imprisonment of a father-son duo...
Other Laws
Supreme Court Slams Delay by Tamil Nadu Govt, Vacates Status Quo in Decades-Old Thazhambur Land Dispute; Protects Rights of Innocent Flat Buyers
The Supreme Court has come down heavily on the Government of Tamil Nadu for...
Direct Tax
ITAT Quashes Reassessment for AY 2017–18 Over Invalid Approval U/s 151(ii), Deletes Rs. 10.09 Lakh Addition
The Income Tax Appellate Tribunal (ITAT), Pune Bench, has quashed reassessment proceedings initiated against...
GST
Bombay High Court Flags Alleged Rs. 50K Bribe By SGST Officer Demand in GST Address Amendment Case
The Bombay High Court has taken serious note of allegations of corruption against a...
More like this
Other Laws
Conviction Can Rest on Sole Injured Eyewitness if Testimony is of ‘Sterling Quality’: Supreme Court Upholds Life Imprisonment
The Supreme Court has upheld the conviction and life imprisonment of a father-son duo...
Other Laws
Supreme Court Slams Delay by Tamil Nadu Govt, Vacates Status Quo in Decades-Old Thazhambur Land Dispute; Protects Rights of Innocent Flat Buyers
The Supreme Court has come down heavily on the Government of Tamil Nadu for...
Direct Tax
ITAT Quashes Reassessment for AY 2017–18 Over Invalid Approval U/s 151(ii), Deletes Rs. 10.09 Lakh Addition
The Income Tax Appellate Tribunal (ITAT), Pune Bench, has quashed reassessment proceedings initiated against...

