Unexplained cash - assessee had deposited a huge amount of cash ...
Income Tax
January 16, 2023
Unexplained cash - assessee had deposited a huge amount of cash in its bank account - the Tribunal also directed the assessee to produce the parties as may be required by the AO. However, as is evident from the findings recorded by the lower authorities, in the 2nd round of proceedings, the assessee failed to furnish all the details as sought by the AO. - Additions confirmed - AT
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