https://www.taxtmi.com/caselaws?id=762565 ITAT Agra allowed the appeal, deleting additions made under Section 69A for cash deposits during demonetization period. The tribunal held that since the bank accounts belonged to a third party (proprietor), authorities should have issued summons under Section 131 or made enquiries under Section 133(6) with the actual account holder before making additions in assessee's hands. Revenue failed to proceed against the actual account holder despite accepting his return, and did not file cross-objection, indicating no grievance with CIT(A)'s order. en-us Fri, 29 Nov 2024 00:00:00 +0530 Tue, 03 Dec 2024 08:46:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=762565 ITAT Agra allowed the appeal, deleting additions made under Section 69A for cash deposits during demonetization period. The tribunal held that since the bank accounts belonged to a third party (proprietor), authorities should have issued summons under Section 131 or made enquiries under Section 133(6) with the actual account holder before making additions in assessee's hands. Revenue failed to proceed against the actual account holder despite accepting his return, and did not file cross-objection, indicating no grievance with CIT(A)'s order. Case-Laws Income Tax Fri, 29 Nov 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=762565