High Court Upholds Assessing Officer's Decision on Unexplained Cash Deposit in Presumptive Taxation Case u/s 44AF. https://www.taxtmi.com/highlights?id=31603 Unexplained source of huge Cash Deposit in Bank Account - assessee declared his income u/s 44AF - Whether Presumptive charge of income u/s 44AF distinguishable from arriving at chargeable income u/s 29? - Additions made by AO confirmed - HC en-us Fri, 07 Oct 2016 18:06:28 +0530 Fri, 07 Oct 2016 18:06:28 +0530 TaxTMI RSS Generator High Court Upholds Assessing Officer's Decision on Unexplained Cash Deposit in Presumptive Taxation Case u/s 44AF. https://www.taxtmi.com/highlights?id=31603 Unexplained source of huge Cash Deposit in Bank Account - assessee declared his income u/s 44AF - Whether Presumptive charge of income u/s 44AF distinguishable from arriving at chargeable income u/s 29? - Additions made by AO confirmed - HC Highlights Income Tax Fri, 07 Oct 2016 18:06:28 +0530 https://www.taxtmi.com/highlights?id=31603