2 results for “section 68”+ Section 430clear
Sorted by relevance
In the result, the appeal filed by the assessee is allowed
Bench: Sh. Manoj Kumar Aggarwal & Sh. Udayan Dasgupta
430/- (including an addition of Rs.16,75,000/- u/s 69 of the Act, being the amount of cash, deposited in bank by the assessee). 4. In course of first appeal proceedings, the assessee has filed submissions with evidences explaining the source of cash deposit in details and remand report was obtained from the AO, and in response to the same