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Case Digest on Demonetization and Deposits
In 2016, the Indian Government demonetised Rs.500 and Rs.1,000 notes, creating havoc in the entire country. It was a joint decision of the...
![ITAT upholds Deletion of Addition u/s 69A upon Cash Found during Search after Demonetisation in Fiduciary Status as Director of Company [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/ITAT-Deletion-of-Addition-Cash-Found-Search-Demonetisation-Fiduciary-Status-Director-of-Company-taxscan.jpg "ITAT upholds Deletion of Addition u/s 69A upon Cash Found during Search after Demonetisation in Fiduciary Status as Director of Company [Read Order]")
![ITAT directs to Estimate 25% Profit Towards Income from Sale of Milk Products Deposited in Bank During Demonetisation Period [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/ITAT-directs-to-Estimate-25-Profit-Towards-Income-from-Sale-of-Milk-Products-ITAT-Profit-Sale-of-Milk-Products-Demonetisation-Period-Taxscan.jpg "ITAT directs to Estimate 25% Profit Towards Income from Sale of Milk Products Deposited in Bank During Demonetisation Period [Read Order]")
Service Tax not applicable on payments by NHAI to Toll Operators allowing Free access to Roads during Demonetisation period: CBIC [Read Circular]
The Central Board of Indirect Taxes and Customs (CBIC) has clarified that, Service Tax not applicable on payments by NHAI to toll operators allowing Free access to Roads during Demonetisation period. ...
![Service Tax not applicable on payments by NHAI to Toll Operators allowing Free access to Roads during Demonetisation period: CBIC [Read Circular]](https://www.taxscan.in/wp-content/uploads/2018/12/Service-Tax-Taxscan-..jpg "Service Tax not applicable on payments by NHAI to Toll Operators allowing Free access to Roads during Demonetisation period: CBIC [Read Circular]")
CBDT issues SOP for Handling cases related to substantial cash deposit during Demonetisation Period in which Notice u/s 142(1) has not been compiled [Read Circular]
The Central Board of Direct Taxes ( CBDT ) has issued Standard Operating Proceedure (SOP) for handling cases related to substantial cash deposit during the demonetisation period in which the notice...
![CBDT issues SOP for Handling cases related to substantial cash deposit during Demonetisation Period in which Notice u/s 142(1) has not been compiled [Read Circular]](https://www.taxscan.in/wp-content/uploads/2018/12/CBDT-Due-Date-Taxscan.jpg "CBDT issues SOP for Handling cases related to substantial cash deposit during Demonetisation Period in which Notice u/s 142(1) has not been compiled [Read Circular]")
