Bengaluru man had Rs 41.69 lakh unexplained cash deposits, filed no ITR, claimed income below Rs 5 lakh and said his wife and father paid his expenses; why ITAT still refused relief
The officer treated Rs 41.69 lakh as unexplained cash deposits under Section 69A. (Image for representative purpose only) When filing for a visa to fly abroad, an individual claimed he discovered he had a tax notice against his name that was due to cash deposits which the Income Tax Department saw as unexplained.The Income Tax […]
Read more
