Where Cash Deposits Match Business Sales Volume, Unexplained Cash Additions Limited to Estimated 10% Without Section 115BBE
Where Cash Deposits Match Business Sales Volume, Unexplained Cash Additions Limited to Estimated 10% Without Section 115BBE Issue Whether cash deposits made by a pharmaceutical wholesaler during demonetization can be treated as entirely unexplained under Section 68 when sales are recorded, and whether a sustained estimated addition of 10% can be subjected to special tax… Read More »