Addition u/s 69A - large cash deposit on the bank account during ...

Housewife cash deposits up to Rs. 2.50 lakhs and senior citizens up to Rs. 5 lakhs exempt from scrutiny u/s 69A.

March 3, 2022

Case Laws Income Tax AT

Addition u/s 69A - large cash deposit on the bank account during the year - if a house wife deposited up to ₹ 2.50 lacs in her bank account (and in case of senior citizens aged above 70 years the upper limit of ₹ 5 lacs) during demonetization period then the same should not be scrutinized and has to be accepted. - AT

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Addition u/s 69A - large cash deposit on the bank account during ...

Housewife cash deposits up to Rs. 2.50 lakhs and senior citizens up to Rs. 5 lakhs exempt from scrutiny u/s 69A.

March 3, 2022

Case Laws Income Tax AT

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