He deposited Rs 14.96 lakh cash during demonetisation; landlord faced unexplained money tax notice under Section 69A, but ITAT Bangalore deletes addition on account of rental income
The ITAT Bangalore ordered the deletion of the entire addition of Rs 14,96,500 made under Section 69A. (Image for representative purpose only) When it comes to income and taxation, documents and money trail form an important part of the process. This is particularly important when income from any of your sources is in cash. In…