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Income Tax | Cash Withdrawn Before Demonetisation Cannot Be Treated as Unexplained on Mere Suspicion: ITAT Mumbai

26 Sept 2026 · 26 Sept 2026By CA Vijayakumar ShettySource: TaxGuru

Mumbai ITAT deletes ₹73.70 lakh Section 69A addition as recorded bank withdrawals sufficiently explained demonetisation cash deposits. The post Cash Withdrawn Before Demonetisation Cannot Be Treated as Unexplained on Mere Suspicion: ITAT Mumbai appeared first on TaxGuru .

Attribution

Original credit: CA Vijayakumar Shetty. This digest is published with acknowledgment to TaxGuru. For the complete analysis, headnotes, and citations, please refer to the source.

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