ITAT rejects Revised Income Tax Return filed by Practicing CA declaring Income from Trading Business, Suspects attempt to cover up Queries on Cash Deposits [Read Order]

By Taxscan Team - On January 26, 2022 9:59 am - 2 mins read

ITAT - Income Tax Return - Practicing CA - Income from Trading Business - Cash Deposits - taxscan

The Delhi bench of the Income Tax Appellate Tribunal, on Wednesday rejected a revised return filed by a practicing Chartered Accountant claiming Trading Business as the source of cash deposits made with various bank accounts. The Tribunal bench comprising Accountant Member Mr. N K Billaiyya and Judicial Member Mr. C N Prasad expressed an opinion…

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Topics

CA ICAI VAT