ITAT Agrees with Taxpayer: Withdrawn Cash from Home Re-deposited Post-Demonetization Not Unexplained Income.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Unexplained cash deposited in the bank - ITAT accepted the contention of assessee that the assessee was withdrawing the cash from Bank and keeping it at home and subsequently when the demonetization scheme was announced, the assessee deposited the amount left over with him in the Bank account. - AT....