Deposited over ₹50 lakh cash in bank account, no ITR filed: Here's why ITAT ruled in taxpayer's favour

2 hours ago 1

A ₹54 lakh cash deposit landed a Rohtak property dealer in a tax dispute after he failed to file an ITR and respond to notices. But documents showing the money belonged to property buyers, not him, changed the case and led the Delhi ITAT to delete the tax addition.

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Deposited over ₹50 lakh cash in bank account, no ITR filed: Here's why ITAT ruled in taxpayer's favour

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