Assessee is a business of trading in jewellery. Assessing Officer made ex-parte assessment order and made additions towards non-current liabilities as unexplained cash credits and also cash deposited during Demonetisation. Tribunal remanded the matter to the CIT(A). (AY. 2017-18, 2018-19)
Meena Jewellers Extension (P.) Ltd. v. ACIT (2025) 211 ITD 216 (Hyd) (Trib.)
S. 68 : Cash credits-Loans and advances-Cash deposit-Demonetisation-Best judgement assessment-Matter remanded to CIT(A) [S.69, 144]
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