https://www.taxtmi.com/caselaws?id=777938 ITAT KOLKATA - AT held that additions under section 69A and taxation under section 115BBE arising from cash receipts during the demonetization period were untenable where the assessee's audited books and supporting evidence were on record and not rejected. The AO's re-characterisation resulted in double taxation of the same sales receipts and exceeded his remit, as alleged violation of legal tender rules is for the RBI to address. The appeal was allowed and the additions deleted. en-us Wed, 15 Jan 2025 00:00:00 +0530 Mon, 08 Sep 2025 13:37:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=777938 ITAT KOLKATA - AT held that additions under section 69A and taxation under section 115BBE arising from cash receipts during the demonetization period were untenable where the assessee's audited books and supporting evidence were on record and not rejected. The AO's re-characterisation resulted in double taxation of the same sales receipts and exceeded his remit, as alleged violation of legal tender rules is for the RBI to address. The appeal was allowed and the additions deleted. Case-Laws Income Tax Wed, 15 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=777938