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![ITAT confirms Penalty since Assessee failed to Prove Genuineness of Cash Deposits [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/03/Cash-Transaction-Limit.jpg "ITAT confirms Penalty since Assessee failed to Prove Genuineness of Cash Deposits [Read Order]")
ITAT confirms Penalty since Assessee failed to Prove Genuineness of Cash Deposits [Read Order]
While dismissing the assessees appeal the Ahmedabad bench of Income Tax Appellate Tribunal confirmed the penalty under section 271(1)(c) of the Income...
