Tag: Cash found during search

Addition u/s 69 for unexplained cash deleted by the Tribunal. It was held that tag of another bank found on cash bundles not to be given weightage as it is a common practice amongst banks to issue currency bundles as received by them ABCAUS Case Law CitationABCAUS 3457 …

It is not uncommon for a lady who is on her own to have cash for emergencies. ITAT upholds the deletion of addition for cash found during search ABCAUS Case Law Citation: ABCAUS 2815 (2019) (03) ITAT The Revenue had filed the instant appeal against the order of …

Addition u/s 69 confirmed when assessee failed to establish link between cash withdrawn and cash found at the time of search ABCAUS Case Law Citation: ABCAUS 2753 (2019) (01) ITAT Important Case Laws Cited/relied upon by the parties Ms. Aishwarya K. Rai vs. DCIT (2007) 104 ITD 0166 …