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Income Tax - Highlights / Catch Notes

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Addition u/s 69A - cash deposited in bank on various dates ...

Income Tax

September 21, 2023

Addition u/s 69A - cash deposited in bank on various dates during the demonetization period - cash received from sale of milk during the demonetization period as regular business activity - the averments made by the Appellant, which in our view are supported by the documents furnished, went uncontroverted. Addition made by the AO u/s 69A of the Act is deleted. - AT

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