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![Explanation as Past Savings of HUF and Members, No other Deposits during Demonetization: ITAT deletes Income Tax Addition [Read Order] Explanation as Past Savings of HUF and Members, No other Deposits during Demonetization: ITAT deletes Income Tax Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Savings-HUF-Members-Deposits-Demonetization-ITAT-Income-Tax-Addition-taxscan.jpeg)
Explanation as Past Savings of HUF and Members, No other Deposits during Demonetization: ITAT deletes Income Tax Addition [Read Order]
The Income Tax Appellate Tribunal (ITAT), Allahabad Bench deleted Income Tax Addition on the ground that the explanation was past savings of HUF and...


![Income surrendered during search can set off against Business Loss for Other Years as S. 115BBE Amendment effective from AY 2017-18: ITAT [Read Order] Income surrendered during search can set off against Business Loss for Other Years as S. 115BBE Amendment effective from AY 2017-18: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/02/Voluntary-Surrender-Taxscan.jpg)