Cash found during search

  • Income Tax

Large cash seized from State not regular business place held unexplained income

Large cash seized from State not where business is carried is unexplained income In a recent judgment, the ITAT Pune…

2 months ago
  • Income Tax

Addition u/s 69 for unexplained cash. Tag of another banks on cash bundles not relevant

Addition u/s 69 for unexplained cash deleted by the Tribunal. It was held that tag of another bank found on…

3 years ago
  • Income Tax

It is not uncommon for a lady who is on her own to have cash for emergencies

It is not uncommon for a lady who is on her own to have cash for emergencies. ITAT upholds the…

5 years ago
  • Income Tax

Addition u/s 69 confirmed for non link between cash withdrawn and cash found

Addition u/s 69 confirmed when assessee failed to establish link between cash withdrawn and cash found at the time of…

5 years ago