Unexplained Cash Deposits Cannot Claim Section 10(26) Exemption and Are Taxable Under Section 69A
Unexplained Cash Deposits Cannot Claim Section 10(26) Exemption and Are Taxable Under Section 69A Issue Whether cash deposited in bank accounts by a Scheduled Tribe individual can be treated as exempt income under Section 10(26) when the assessee fails to establish a valid and verifiable source for such cash deposits. Facts Assessee Status: The assessee… Read More »