Held that cash received from customers was deposited and the source was explained.Addition was deleted. Receipts for donations produced. Assessing Officer directed to verify receipts and grant deduction in accordance with Law. (AY.2017-18)
Jet Freight Logistics Ltd. v. CIT (Appeals) (NFAC) (2022)99 ITR 37 (SN)(Mum) (Trib)
S. 68 : Cash credits-Cash deposits-Cash received from customers-Demonetisation-Explained the source-Addition was deleted-Donation-Receipts produced-Matter remanded. [S.80G]