https://www.taxtmi.com/caselaws?id=435585 Cash deposits of specified bank notes from sales of petrol, diesel and gas were held to fall within the demonetisation exemption for authorised fuel stations of public sector oil marketing companies. The assessee produced books of account and cash details linking the deposits to fuel sales during the relevant period, and the Tribunal accepted that the receipts matched the notified category. As the deposits were covered by the applicable notification, they could not be treated as unexplained money under section 69A, and the consequential addition under section 115BBE was deleted. en-us Tue, 07 Mar 2023 00:00:00 +0530 Thu, 23 Mar 2023 08:27:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=435585 Cash deposits of specified bank notes from sales of petrol, diesel and gas were held to fall within the demonetisation exemption for authorised fuel stations of public sector oil marketing companies. The assessee produced books of account and cash details linking the deposits to fuel sales during the relevant period, and the Tribunal accepted that the receipts matched the notified category. As the deposits were covered by the applicable notification, they could not be treated as unexplained money under section 69A, and the consequential addition under section 115BBE was deleted. Case-Laws Income Tax Tue, 07 Mar 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=435585