Books Rejected, Sales Recorded, Section 68 Invoked? ITAT Mumbai Draws a Clear Line in Demonetisation Cash Deposit Cases One of the most litigated questions arising from demonetisation assessments continues to be this: Can cash deposits made during the demonetisation period be taxed as unexplained cash credits under Section 68 when the assessee has duly recorded…
The post Books Rejected, Sales Recorded, Section 68 Invoked? ITAT Mumbai Draws a Clear Line in Demonetisation Cash Deposit Cases appeared first on The Tax Talk.
