Cash Book Transactions cannot be Doubted when Opening Balance of Cash stood Explained and Accepted: ITAT [Read Order]

Cash Book Transactions - Opening Balance - Cash - ITAT - taxscan

The Income Tax Appellate Tribunal (ITAT), Ahmedabad Bench has held that the cash book transactions cannot be doubted when the opening balance of cash stood explained and accepted. The appellant, KalubhaiRanchhodbhaifiled an appeal before ITAT against the CIT (A) order confirming the addition made to the income on account of unexplained cash deposited in the…

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