Cash deposit of Rs. 250000 cr (credit) misread as crores by AO – Plea declined
December 28, 2025
High Courts, Income Tax
High Court declines plea of assessee that Income Tax Department wrongly read amount of cash deposit of Rs. 250000 Cr (credit) as Rs. 2.50 crores. In a recent judgment, Hon’ble Allahabad High Court declined to entertain plea of the assessee that Income Tax Department wrongly read amount of …