Addition Under Section 68 Unjustified as Demonetization Cash Deposits Were Supported by Verified Bullion Sales
Addition Under Section 68 Unjustified as Demonetization Cash Deposits Were Supported by Verified Bullion Sales Issue Whether cash deposits made during the demonetization period out of recorded bullion and jewellery sales can be treated as unexplained cash credit under Section 68 read with Section 115BBE when stock records, purchases, and sales remain undisputed. Facts Business… Read More »