Cash sales backed by stock, recorded in books, and verified by GST returns cannot be treated as unexplained money under Section 69A.
Cash sales backed by stock, recorded in books, and verified by GST returns cannot be treated as unexplained money under Section 69A. Issue Whether cash found during a search can be treated as unexplained money under Section 69A and taxed under Section 115BBE when the sale of goods generating such cash is fully recorded in… Read More »