HomeDirect TaxITAT Remands ₹58.69 Lakh Addition on Demonetisation Cash Deposits, Grants Fresh Opportunity...

ITAT Remands ₹58.69 Lakh Addition on Demonetisation Cash Deposits, Grants Fresh Opportunity Citing Matrimonial Dispute Impact

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The Chandigarh Bench of the Income Tax Appellate Tribunal (ITAT) has set aside additions made towards unexplained cash deposits during the demonetisation period, holding that the ends of justice would be met by granting the assessee a fresh opportunity to substantiate his claims in light of exceptional personal circumstances affecting his ability to present evidence….

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Mariya Paliwala
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.

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