Assessing Officer to Consider 50% of Demonetization Cash Deposits as Business Receipts u/s 69A for Car Hire Business.
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....Addition u/s 69A - cash deposits during demonetization period - business of hiring of cars - A reasonable amount of cash deposits during demonetization period is out of business receipts, cannot be ruled out - AO directed to to treat 50% of cash deposits during demonetization period is out of business receipts of the assessee and balance 50% cash deposits is unexplained. - AT....


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