Cash Deposit during Demonetization out of Alimony from Husband: ITAT deletes Addition u/s 115BBE of Income Tax Act [Read Order]

Cash Deposit - Demonetization - Alimony from Husband - Alimony - ITAT - Addition - ITAT deletes Addition - Income Tax Act - taxscan

The Income Tax Appellate Tribunal (ITAT), Pune bench has deleted an addition under section 115BBE of the Income Tax Act, 1961 considering the fact that the cash deposit during demonetization was out of the huge amount of alimony received from the husband. The assessee, Ms. Deepa Satish Borse approached the Tribunal against the orders of…

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