Section 69A

  • Income Tax

Difference of cash deposits in bank and turnover declared in VAT return added u/s 69A

Difference in cash deposits in bank and turnover declared in VAT return treated as income u/s 69A. High Court upheld…

6 years ago
  • Income Tax

Additions u/s 69A upheld for maximum peak bank deposits instead of closing balances for the day

In a recent judgment, ITAT, Amritsar has ruled that CIT(A) was right in taking the the highest amount of cash deposits…

8 years ago