Unexplained cash credit u/s. 68 - Source of cash deposited ...

Income Tax

October 23, 2023

Unexplained cash credit u/s. 68 - Source of cash deposited during demonetization period - A.O. is not able to find any defect in the books of accounts, except general statements made in the assessment order. Though the A.O. has doubted the sales made during the year, he is not doubted the purchases made or stock maintained by the assessee during the year. - AT

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Unexplained cash credit u/s. 68 - Source of cash deposited ...

Income Tax

October 23, 2023

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