Issue on Unexplained Cash Deposit u/s 69 A of Income Tax Act: Kerala HC dismisses Writ Petition on Availability of Statutory Remedy [Read Order]

The Court held that the Single Judge rightly held that the remedy open to the appellant is to approach the Tribunal

By Yogitha S. Yogesh - On February 22, 2024 4:04 pm - 2 mins read

Issue - Unexplained Cash Deposit - Income Tax Act - Kerala HC - Writ Petition - Availability - Statutory Remedy - taxscan

A division bench of the Kerala High Court dismissed the writ petition on the availability of a statutory remedy for the issue of unexplained cash deposit under section 69 A of the Income Tax Act, 1961. The writ petitioner, Sayed Muhammed M challenged the assessment order passed under Section 147 r/w section 144 and 144B…

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