Cash Deposits made during Demonetization are out of Business receipt of bar and Restaurant: ITAT remands matter for consideration [Read Order]
ITAT has remanded the matter for consideration, stating that cash deposits made during demonetization are sourced from the business receipts of the bar and restaurant.
The Bangalore bench of the Income Tax Appellate Tribunal ( ITAT ) has remanded the matter for consideration, stating that cash deposits made during demonetization are sourced from the business receipts of the bar and restaurant. The filing of this appeal was delayed by 150 days. The assessee submitted a petition seeking condonation of the…
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