Unexplained cash deposits in bank account - The claim of the ...

Income Tax

November 25, 2023

Unexplained cash deposits in bank account - The claim of the assessee remained as a bald claim only followed by no evidence. Why the depositors will deposit their funds in an account of other person for increasing the deposits of a bank. The depositors can make deposit in their names by themselves. There is no necessity to increase the bank deposit by depositing funds in other’s bank account. - Additions confirmed - AT

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Unexplained cash deposits in bank account - The claim of the ...

Income Tax

November 25, 2023

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