https://www.taxtmi.com/caselaws?id=754732 ITAT Bangalore allowed the assessee's appeal for statistical purposes regarding Section 69A addition of cash deposits during demonetization. The agriculturist assessee had not filed returns due to no taxable income. The AO and CIT(Appeals) failed to consider the assessee's explanation for substantial cash deposits during demonetization. The matter was remitted to AO to decide afresh considering CBDT instructions on demonetization period deposits and the assessee's agriculturist status, with directions to provide reasonable hearing opportunity. en-us Fri, 19 Jan 2024 00:00:00 +0530 Sat, 29 Jun 2024 13:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=754732 ITAT Bangalore allowed the assessee's appeal for statistical purposes regarding Section 69A addition of cash deposits during demonetization. The agriculturist assessee had not filed returns due to no taxable income. The AO and CIT(Appeals) failed to consider the assessee's explanation for substantial cash deposits during demonetization. The matter was remitted to AO to decide afresh considering CBDT instructions on demonetization period deposits and the assessee's agriculturist status, with directions to provide reasonable hearing opportunity. Case-Laws Income Tax Fri, 19 Jan 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=754732