Rotations from Auto Sweep A/c not fresh investments-Addition u/s 68 deleted
July 9, 2024
Income Tax, ITAT
Rotations from Auto Sweep A/c not fresh investments-Addition deleted In a recent judgment, ITAT Mumbai has deleted the addition u/s 68 observing that as alleged there were no fresh investments/deposits in bank account except amount along with interest being rotated several times through auto sweep in the current …